ICICI Gurdaspur Batala Punjab MICR CODE

Find MICR Codes for ICICI Gurdaspur Batala Punjab

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Gt Road Batala
Contact 0
Bank Details Icici Bank Ltd Gt Road Batala ICIC0005290
Location Gurdaspur, Batala
City Gurdaspur
District Batala
State Punjab
Pincode 143505
Country IN
Address Icici bank ltd delux pulli gt road batala gurdaspur 143505
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 Gt Road Batala 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, Gt Road Batala branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Gt Road Batala 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 -

>>Gt Road Batala

MICR code for ICICI Gt Road Batala

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

Use of ICICI Bank MICR code for Gt Road Batala branch in gurdaspur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Gt Road Batala 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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