ICICI Ludhiana Patiala Punjab MICR CODE

Find MICR Codes for ICICI Ludhiana Patiala Punjab

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kheri Barna
Contact 8288092781
Bank Details Icici Bank Ltd Kheri Barna ICIC0003144
Location Ludhiana, Patiala
City Ludhiana
District Patiala
State Punjab
Pincode 147001
Country IN
Address Icici bank ltd village kheri barna po.karhali sahib tehsil patiala 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 147229204 for Kheri Barna 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 147229204 of ICICI Bank, Kheri Barna branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Kheri Barna branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Icici Bank Ltd are available with micr code -

>>Dhanauri >>Kheri Barna

MICR code for ICICI Kheri Barna

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Kheri Barna 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. 147229204 is the MICR code of Industrial Credit And Investment Corporation Of India for Kheri Barna branch. MICR code for Kheri Barna 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 Kheri Barna is presented in the table alongside.

Use of ICICI Bank MICR code for Kheri Barna branch in ludhiana

The MICR code 147229204 is used in RBI cheque clearing process to identify the branch Kheri Barna 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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