ICICI Delhi New Delhi New Delhi MICR CODE

Find MICR Codes for ICICI Delhi New Delhi New Delhi

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MICR Code	110229082
Bank	Icici Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Delhi (Paharganj)
Contact	Anupam Rajan 9811859359
Bank Details	Icici Bank Ltd Delhi (Paharganj) ICIC0000722

Location	Delhi, New Delhi
City	Delhi
District	New Delhi
State	New Delhi
Pincode	110085
Country	IN
Address	Rg city center, plot no.-4,community center, motia khan, paharganj, new delhi-110085

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 110229082 for Delhi (Paharganj) 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 110229082 of ICICI Bank, Delhi (Paharganj) branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Delhi (Paharganj) branch, makes the characters readable even if there are other marks and stamps on it.

A total of 53 branches of Icici Bank Ltd are available with micr code -

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MICR code for ICICI Delhi (Paharganj)

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Delhi (Paharganj) 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. 110229082 is the MICR code of Industrial Credit And Investment Corporation Of India for Delhi (Paharganj) branch. MICR code for Delhi (Paharganj) 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 Delhi (Paharganj) is presented in the table alongside.

Use of ICICI Bank MICR code for Delhi (Paharganj) branch in delhi

The MICR code 110229082 is used in RBI cheque clearing process to identify the branch Delhi (Paharganj) 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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