ICICI Amloh Fatehgarh Sahib Punjab MICR CODE

Find MICR Codes for ICICI Amloh Fatehgarh Sahib Punjab

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Amloh Punjab
Contact Krishan Bansal 09855098651
Bank Details Icici Bank Ltd Amloh Punjab ICIC0001514
Location Amloh, Fatehgarh Sahib
City Amloh
District Fatehgarh Sahib
State Punjab
Pincode 147203
Country IN
Address Icici bank ltd, lic building , bye pass road, amloh 147203, dist fatehgarh sahib, punjab
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 0 for Amloh Punjab 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 0 of ICICI Bank, Amloh Punjab branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Amloh Punjab branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Icici Bank Ltd are available with micr code -

>>Amloh Punjab

MICR code for ICICI Amloh Punjab

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Amloh Punjab 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. 0 is the MICR code of Industrial Credit And Investment Corporation Of India for Amloh Punjab branch. MICR code for Amloh Punjab 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 Amloh Punjab is presented in the table alongside.

Use of ICICI Bank MICR code for Amloh Punjab branch in amloh

The MICR code 0 is used in RBI cheque clearing process to identify the branch Amloh Punjab 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.

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