ICICI Arwal Arwal Bihar MICR CODE

Find MICR Codes for ICICI Arwal Arwal Bihar

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Arwal Nagar Parisad
Contact
Bank Details Icici Bank Ltd Arwal Nagar Parisad ICIC0007480
Location Arwal, Arwal
City Arwal
District Arwal
State Bihar
Pincode 804401
Country IN
Address Plot no 468 ward no13 jehanabad road ps& dist arwal pin 804401 bihar
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 Arwal Nagar Parisad 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, Arwal Nagar Parisad branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Arwal Nagar Parisad 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 -

>>Arwal Nagar Parisad

MICR code for ICICI Arwal Nagar Parisad

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Arwal Nagar Parisad 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 Arwal Nagar Parisad branch. MICR code for Arwal Nagar Parisad 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 Arwal Nagar Parisad is presented in the table alongside.

Use of ICICI Bank MICR code for Arwal Nagar Parisad branch in arwal

The MICR code 0 is used in RBI cheque clearing process to identify the branch Arwal Nagar Parisad 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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