ICICI Lucknow Lucknow Uttar Pradesh MICR CODE

Find MICR Codes for ICICI Lucknow Lucknow 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 Hinda Nagar Sol Id
Contact
Bank Details Icici Bank Ltd Hinda Nagar Sol Id ICIC0007405
Location Lucknow, Lucknow
City Lucknow
District Lucknow
State Uttar Pradesh
Pincode
Country IN
Address Icici bank ltd shop no 01 jb empror square hinda nagar barigawa lucknow
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 Hinda Nagar Sol Id 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, Hinda Nagar Sol Id branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Hinda Nagar Sol Id branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Hinda Nagar Sol Id

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

Use of ICICI Bank MICR code for Hinda Nagar Sol Id branch in lucknow

The MICR code 0 is used in RBI cheque clearing process to identify the branch Hinda Nagar Sol Id 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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