ICICI Ludhiana Ludhiana Punjab MICR CODE

Find MICR Codes for ICICI Ludhiana Ludhiana Punjab

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Dehrka
Contact Gurpreet Singh Jogar 8968708866
Bank Details Icici Bank Ltd Dehrka ICIC0003141
Location Ludhiana, Ludhiana
City Ludhiana
District Ludhiana
State Punjab
Pincode 142034
Country IN
Address Icici bank ltd vpo dehrka district ludhiana(142034)
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 142229055 for Dehrka 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 142229055 of ICICI Bank, Dehrka branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Dehrka branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Dehrka

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Dehrka 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. 142229055 is the MICR code of Industrial Credit And Investment Corporation Of India for Dehrka branch. MICR code for Dehrka 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 Dehrka is presented in the table alongside.

Use of ICICI Bank MICR code for Dehrka branch in ludhiana

The MICR code 142229055 is used in RBI cheque clearing process to identify the branch Dehrka 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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