ICICI Banka Banka Bihar MICR CODE

Find MICR Codes for ICICI Banka Banka Bihar

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Banka
Contact 7541806391
Bank Details Icici Bank Ltd Banka ICIC0003706
Location Banka, Banka
City Banka
District Banka
State Bihar
Pincode 813102
Country IN
Address Hotel krishna international malik tola road veer kunwar singh maidan banka bihar - 813102
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 813229002 for Banka 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 813229002 of ICICI Bank, Banka branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Banka branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Icici Bank Ltd are available with micr code -

>>Amarpur Bc Outlet >>Banka

MICR code for ICICI Banka

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Banka 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. 813229002 is the MICR code of Industrial Credit And Investment Corporation Of India for Banka branch. MICR code for Banka 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 Banka is presented in the table alongside.

Use of ICICI Bank MICR code for Banka branch in banka

The MICR code 813229002 is used in RBI cheque clearing process to identify the branch Banka 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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