ICICI Dewas Dewas Madhya Pradesh MICR CODE

Find MICR Codes for ICICI Dewas Dewas Madhya Pradesh

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MICR Code	455229505
Bank	Icici Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Hatpipliya
Contact	727100000
Bank Details	Icici Bank Ltd Hatpipliya ICIC0003650

Location	Dewas, Dewas
City	Dewas
District	Dewas
State	Madhya Pradesh
Pincode	455223
Country	IN
Address	H.no 69 nevri bagli marg hatpipliya dist dewas 455223

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 455229505 for Hatpipliya 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 455229505 of ICICI Bank, Hatpipliya branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Hatpipliya branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Icici Bank Ltd are available with micr code -

>>Dewas >>Dewas Mandi Branch >>Hatpipliya >>Kannod

MICR code for ICICI Hatpipliya

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Hatpipliya 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. 455229505 is the MICR code of Industrial Credit And Investment Corporation Of India for Hatpipliya branch. MICR code for Hatpipliya 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 Hatpipliya is presented in the table alongside.

Use of ICICI Bank MICR code for Hatpipliya branch in dewas

The MICR code 455229505 is used in RBI cheque clearing process to identify the branch Hatpipliya 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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