ICICI Bangalore Bangalore Karnataka MICR CODE

Find MICR Codes for ICICI Bangalore Bangalore Karnataka

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MICR Code	560229057
Bank	Icici Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bangalore M.G.Road
Contact	Umesh Chandra Khandelwal 080-32977128; 9341261132
Bank Details	Icici Bank Ltd Bangalore M.G.Road ICIC0006561

Location	Bangalore, Bangalore
City	Bangalore
District	Bangalore
State	Karnataka
Pincode	560001
Country	IN
Address	11-c, mittal towers, m.g. Road, bangalore-560001(karnataka)

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 560229057 for Bangalore M.G.Road 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 560229057 of ICICI Bank, Bangalore M.G.Road branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Bangalore M.G.Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 16 branches of Icici Bank Ltd are available with micr code -

>>Abbigere >>Bangalore Epip Industrial Area >>Bangalore Infosys Sez >>Bangalore Jalahalli West >>Bangalore K.G. >>Bangalore M.G.Road >>Bangalorebrigade Irv >>Jakkur Layout >>Karthik Nagar >>M C Layout Vijayanagar >>Prestige Lakeside Habitat >>Richmond Town Branch >>Rr Nagar Beml Layout >>Sarjapura >>Vasanth Nagar >>Yelahanka Old Town

MICR code for ICICI Bangalore M.G.Road

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 M.G.Road 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. 560229057 is the MICR code of Industrial Credit And Investment Corporation Of India for Bangalore M.G.Road branch. MICR code for Bangalore M.G.Road 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 M.G.Road is presented in the table alongside.

Use of ICICI Bank MICR code for Bangalore M.G.Road branch in bangalore

The MICR code 560229057 is used in RBI cheque clearing process to identify the branch Bangalore M.G.Road 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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