ICICI Gwalior Gwalior Madhya Pradesh MICR CODE

Find MICR Codes for ICICI Gwalior Gwalior Madhya Pradesh

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ggs Gwalior Glory School
Contact Ravindra Samar 0751-3299510
Bank Details Icici Bank Ltd Ggs Gwalior Glory School ICIC0006568
Location Gwalior, Gwalior
City Gwalior
District Gwalior
State Madhya Pradesh
Pincode 474009
Country IN
Address Gwalior glory school, b- block harishankar puram, near a.g. Office gwalior - 474009
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 474229005 for Ggs Gwalior Glory School 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 474229005 of ICICI Bank, Ggs Gwalior Glory School branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Ggs Gwalior Glory School branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Ggs Gwalior Glory School

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Ggs Gwalior Glory School 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. 474229005 is the MICR code of Industrial Credit And Investment Corporation Of India for Ggs Gwalior Glory School branch. MICR code for Ggs Gwalior Glory School 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 Ggs Gwalior Glory School is presented in the table alongside.

Use of ICICI Bank MICR code for Ggs Gwalior Glory School branch in gwalior

The MICR code 474229005 is used in RBI cheque clearing process to identify the branch Ggs Gwalior Glory School 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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