ICICI Noida Gautam Buddha Nagar Uttar Pradesh MICR CODE

Find MICR Codes for ICICI Noida Gautam Buddha Nagar Uttar Pradesh

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gaur City
Contact
Bank Details Icici Bank Ltd Gaur City ICIC0007391
Location Noida, Gautam Buddha Nagar
City Noida
District Gautam Buddha Nagar
State Uttar Pradesh
Pincode 201009
Country IN
Address Shop 1 2 10 11adela mart plot no gc031 gh 03 gaur city 2 sec 16 c gr noida g b nagar up 201009
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 0 for Gaur City 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, Gaur City branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Gaur City branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Gaur City

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Gaur City 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 Gaur City branch. MICR code for Gaur City 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 Gaur City is presented in the table alongside.

Use of ICICI Bank MICR code for Gaur City branch in noida

The MICR code 0 is used in RBI cheque clearing process to identify the branch Gaur City 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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