ICICI Hyderabad Hyderabad Andhra Pradesh MICR CODE

Find MICR Codes for ICICI Hyderabad Hyderabad Andhra Pradesh

↻ Reload
MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Alwal Hyderabad Andhra Pradesh
Contact Mr. Ramagiri Kumar 09703218634
Bank Details Icici Bank Ltd Alwal Hyderabad Andhra Pradesh ICIC0001117
Location Hyderabad, Hyderabad
City Hyderabad
District Hyderabad
State Andhra Pradesh
Pincode 500016
Country IN
Address Icici bank ltd., plot no. 3 & 4, k r arcade, golnaka alwal, secunderabad, hyderabad - 500016, hyderabad dist., andhra pradesh.
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 500229035 for Alwal Hyderabad Andhra Pradesh branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 500229035 of ICICI Bank, Alwal Hyderabad Andhra Pradesh branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Alwal Hyderabad Andhra Pradesh branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Alwal Hyderabad Andhra Pradesh

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Alwal Hyderabad Andhra Pradesh is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 500229035 is the MICR code of Industrial Credit And Investment Corporation Of India for Alwal Hyderabad Andhra Pradesh branch. MICR code for Alwal Hyderabad Andhra Pradesh branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for ICICI Bank Alwal Hyderabad Andhra Pradesh is presented in the table alongside.

Use of ICICI Bank MICR code for Alwal Hyderabad Andhra Pradesh branch in hyderabad

The MICR code 500229035 is used in RBI cheque clearing process to identify the branch Alwal Hyderabad Andhra Pradesh and ICICI Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Industrial Credit And Investment Corporation Of India is typically in either of these two font’s: E-138 and CMC-7.

Copied!