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 Danapur
Contact Miss. Garima Chargaway-09661788711
Bank Details Icici Bank Ltd Danapur ICIC0002436
Location Patna, Patna
City Patna
District Patna
State Bihar
Pincode 801503
Country IN
Address Icici bank ltd., moti darbar, gola road, opp. Vishal mega mart, danapur – 801503, dist. Patna, bihar
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 800229010 for Danapur 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 800229010 of ICICI Bank, Danapur branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Danapur branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Danapur

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Danapur 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. 800229010 is the MICR code of Industrial Credit And Investment Corporation Of India for Danapur branch. MICR code for Danapur 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 Danapur is presented in the table alongside.

Use of ICICI Bank MICR code for Danapur branch in patna

The MICR code 800229010 is used in RBI cheque clearing process to identify the branch Danapur 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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