ICICI Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for ICICI Bangalore Bangalore Urban Karnataka

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bangalore Jayanagar 7Th Block
Contact Phone - 022 - 67574314 / 4322
Bank Details Icici Bank Ltd Bangalore Jayanagar 7Th Block ICIC0000251
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560082
Country IN
Address No.509, 8th cross, west of kanakapura road, jayanagar 7th block, bangalore  560082
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 560229016 for Bangalore Jayanagar 7Th Block 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 560229016 of ICICI Bank, Bangalore Jayanagar 7Th Block branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Bangalore Jayanagar 7Th Block branch, makes the characters readable even if there are other marks and stamps on it.

A total of 121 branches of Icici Bank Ltd are available with micr code -

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MICR code for ICICI Bangalore Jayanagar 7Th Block

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Bangalore Jayanagar 7Th Block 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. 560229016 is the MICR code of Industrial Credit And Investment Corporation Of India for Bangalore Jayanagar 7Th Block branch. MICR code for Bangalore Jayanagar 7Th Block 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 Bangalore Jayanagar 7Th Block is presented in the table alongside.

Use of ICICI Bank MICR code for Bangalore Jayanagar 7Th Block branch in bangalore

The MICR code 560229016 is used in RBI cheque clearing process to identify the branch Bangalore Jayanagar 7Th Block 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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