ICICI Patna Patna Bihar MICR CODE

Find MICR Codes for ICICI Patna Patna Bihar

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bypass Road Patna
Contact 9835593555
Bank Details Icici Bank Ltd Bypass Road Patna ICIC0003342
Location Patna, Patna
City Patna
District Patna
State Bihar
Pincode 800020
Country IN
Address Suman palace east ramkrishna nagar new bypass road kankerbagh patna ( bihar ) pin-800020
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 800229018 for Bypass Road Patna 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 800229018 of ICICI Bank, Bypass Road Patna branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Bypass Road Patna branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Bypass Road Patna

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Bypass Road Patna 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. 800229018 is the MICR code of Industrial Credit And Investment Corporation Of India for Bypass Road Patna branch. MICR code for Bypass Road Patna 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 Bypass Road Patna is presented in the table alongside.

Use of ICICI Bank MICR code for Bypass Road Patna branch in patna

The MICR code 800229018 is used in RBI cheque clearing process to identify the branch Bypass Road Patna 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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