ICICI Elampillai Salem Tamil Nadu MICR CODE

Find MICR Codes for ICICI Elampillai Salem Tamil Nadu

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Elampillai
Contact 7823981634
Bank Details Icici Bank Ltd Elampillai ICIC0003964
Location Elampillai, Salem
City Elampillai
District Salem
State Tamil Nadu
Pincode 637502
Country IN
Address Icici bank ltd no.45 1b subramaniar street ii santhapettai road elampillai 637 508
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 636229018 for Elampillai 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 636229018 of ICICI Bank, Elampillai branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Elampillai 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 -

>>Elampillai

MICR code for ICICI Elampillai

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Elampillai 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. 636229018 is the MICR code of Industrial Credit And Investment Corporation Of India for Elampillai branch. MICR code for Elampillai 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 Elampillai is presented in the table alongside.

Use of ICICI Bank MICR code for Elampillai branch in elampillai

The MICR code 636229018 is used in RBI cheque clearing process to identify the branch Elampillai 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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