MICR Code Bank
Find MICR code for ICICI Delhi branches in India for NEFT and RTGS transfer

ICICI Delhi MICR CODE

Find MICR Codes for ICICI Delhi

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  1. Icici Bank Ltd »
  2. New Delhi »
  3. new delhi »
  4. delhi »
  5. delhi (paharganj)

Find MICR Codes for ICICI Delhi

MICR Code: 110229082
Bank: Icici Bank Ltd
Business Hours:
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

How does MICR code 0 for delhi 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, delhi branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for delhi branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI delhi

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 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 delhi branch. MICR code for delhi 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 is presented in the table alongside.

Use of ICICI Bank MICR code for delhi branch in delhi

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