ICICI West Nimar Barwaha Madhya Pradesh MICR CODE

Find MICR Codes for ICICI West Nimar Barwaha 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 Icici Bank Ltd Barwaha
Contact 7280223001
Bank Details Icici Bank Ltd Icici Bank Ltd Barwaha ICIC0002823
Location West Nimar, Barwaha
City West Nimar
District Barwaha
State Madhya Pradesh
Pincode 451115
Country IN
Address 72 suraj market narmada marg barwaha
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 451229151 for Icici Bank Ltd Barwaha 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 451229151 of ICICI Bank, Icici Bank Ltd Barwaha branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Icici Bank Ltd Barwaha 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 -

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MICR code for ICICI Icici Bank Ltd Barwaha

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Icici Bank Ltd Barwaha 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. 451229151 is the MICR code of Industrial Credit And Investment Corporation Of India for Icici Bank Ltd Barwaha branch. MICR code for Icici Bank Ltd Barwaha 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 Icici Bank Ltd Barwaha is presented in the table alongside.

Use of ICICI Bank MICR code for Icici Bank Ltd Barwaha branch in west nimar

The MICR code 451229151 is used in RBI cheque clearing process to identify the branch Icici Bank Ltd Barwaha 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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