ICICI Fatehabad Fatehabad Haryana MICR CODE

Find MICR Codes for ICICI Fatehabad Fatehabad Haryana

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Barseen
Contact Shubham Srivastava 9729533841
Bank Details Icici Bank Ltd Barseen ICIC0003164
Location Fatehabad, Fatehabad
City Fatehabad
District Fatehabad
State Haryana
Pincode 125050
Country IN
Address Icici bank ltd, #16, near water works, chandigarh road, vpo barsin, distt. Fatehabad, haryana 125050
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 125229104 for Barseen 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 125229104 of ICICI Bank, Barseen branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Barseen branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Icici Bank Ltd are available with micr code -

>>Barseen >>Fatehabad >>Matana

MICR code for ICICI Barseen

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Barseen 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. 125229104 is the MICR code of Industrial Credit And Investment Corporation Of India for Barseen branch. MICR code for Barseen 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 Barseen is presented in the table alongside.

Use of ICICI Bank MICR code for Barseen branch in fatehabad

The MICR code 125229104 is used in RBI cheque clearing process to identify the branch Barseen 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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