ICICI Indore Indore Madhya Pradesh MICR CODE

Find MICR Codes for ICICI Indore Indore Madhya Pradesh

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MICR Code	452229010
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	Indore New Palasia
Contact	Shri Kant Swami 0731-3297267
Bank Details	Icici Bank Ltd Indore New Palasia ICIC0006570

Location	Indore, Indore
City	Indore
District	Indore
State	Madhya Pradesh
Pincode	452002
Country	IN
Address	19/1, new palasiya, indore - 452002

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 452229010 for Indore New Palasia 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 452229010 of ICICI Bank, Indore New Palasia branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Indore New Palasia branch, makes the characters readable even if there are other marks and stamps on it.

A total of 42 branches of Icici Bank Ltd are available with micr code -

>>Airport Road Indore >>Arihant Urban Co Operativa Bank Ltd >>Bengali Square Indore >>Dewas Naka Indore >>Indore >>Indore >>Indore Ashok Nagar >>Indore Bombay Hospital Road >>Indore Brilliant Conv Center >>Indore C Business Park Branch >>Indore Choithram Mandi >>Indore Daly College >>Indore Kanadia Road >>Indore Khandwa Road Brnach >>Indore M G Road >>Indore Mahalaxmi Nagar >>Indore Manorama Ganj >>Indore New Palasia >>Indore Palda Road Branch >>Indore Palsikar Colony >>Indore Paraspar Sahakari Bank Limited >>Indore Patel Nagar >>Indore Pipliyahana >>Indore Rajmohalla >>Indore Rajwada >>Indore Saket Nagar >>Indore Sanwer Road >>Indore Sukhliya Branch >>Indore Usha Ganj >>Indore Vcc >>Indore Vijay Nagar >>Kalod Kartal >>Manglia >>New Palasia Indore Madhya Pradesh >>Paraspar Sahayak Cooperative Bank Ltd >>Ralamandal >>Siyaganj Indore >>South Tukogang >>Transport Cooperative Bank Ltd. >>Ujjain Agar Road Branch >>Vaishali Nagar >>Yashwant Niwas Road

MICR code for ICICI Indore New Palasia

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Indore New Palasia 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. 452229010 is the MICR code of Industrial Credit And Investment Corporation Of India for Indore New Palasia branch. MICR code for Indore New Palasia 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 Indore New Palasia is presented in the table alongside.

Use of ICICI Bank MICR code for Indore New Palasia branch in indore

The MICR code 452229010 is used in RBI cheque clearing process to identify the branch Indore New Palasia 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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