ICICI Bangalore Bangalore Urban Karnataka MICR CODE

Find MICR Codes for ICICI Bangalore Bangalore Urban Karnataka

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Girinagar
Contact
Bank Details Icici Bank Ltd Girinagar ICIC0007206
Location Bangalore, Bangalore Urban
City Bangalore
District Bangalore Urban
State Karnataka
Pincode 560085
Country IN
Address Icici bank ltd no 7c souhard nehru road 60 feet road 1st phase girinagar bangalore 560085
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 Girinagar 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, Girinagar branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Girinagar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 121 branches of Icici Bank Ltd are available with micr code -

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MICR code for ICICI Girinagar

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

Use of ICICI Bank MICR code for Girinagar branch in bangalore

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