ICICI Jalalabad Ferozpur Punjab MICR CODE

Find MICR Codes for ICICI Jalalabad Ferozpur Punjab

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Jalalabad
Contact Mr. Vikas Sidana -8146672317
Bank Details Icici Bank Ltd Jalalabad ICIC0002118
Location Jalalabad, Ferozpur
City Jalalabad
District Ferozpur
State Punjab
Pincode 152024
Country IN
Address Icici bank ltd., plot no. 877, gagneja street, near old bus stand, jalalabad – 152024, punjab
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 152229302 for Jalalabad 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 152229302 of ICICI Bank, Jalalabad branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Jalalabad 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 -

>>Jalalabad

MICR code for ICICI Jalalabad

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Jalalabad 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. 152229302 is the MICR code of Industrial Credit And Investment Corporation Of India for Jalalabad branch. MICR code for Jalalabad 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 Jalalabad is presented in the table alongside.

Use of ICICI Bank MICR code for Jalalabad branch in jalalabad

The MICR code 152229302 is used in RBI cheque clearing process to identify the branch Jalalabad 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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