ICICI Dabra Gwalior Madhya Pradesh MICR CODE

Find MICR Codes for ICICI Dabra Gwalior Madhya Pradesh

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dabra
Contact Bharat Singh 9993020060
Bank Details Icici Bank Ltd Dabra ICIC0001437
Location Dabra, Gwalior
City Dabra
District Gwalior
State Madhya Pradesh
Pincode 475110
Country IN
Address Icici bank ltd- ward no- 16- house no- 16- jawahar ganj. Bittarwar road- dabra- dist – gwalior 475110
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 0 for Dabra 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 0 of ICICI Bank, Dabra branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Dabra branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Icici Bank Ltd are available with micr code -

>>Dabra

MICR code for ICICI Dabra

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Dabra 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. 0 is the MICR code of Industrial Credit And Investment Corporation Of India for Dabra branch. MICR code for Dabra 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 Dabra is presented in the table alongside.

Use of ICICI Bank MICR code for Dabra branch in dabra

The MICR code 0 is used in RBI cheque clearing process to identify the branch Dabra 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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