ICICI Landran Sahibzada Ajit Singh Nagar Punjab MICR CODE

Find MICR Codes for ICICI Landran Sahibzada Ajit Singh Nagar Punjab

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Landran
Contact 8146624668
Bank Details Icici Bank Ltd Landran ICIC0003256
Location Landran, Sahibzada Ajit Singh Nagar
City Landran
District Sahibzada Ajit Singh Nagar
State Punjab
Pincode 140347
Country IN
Address Icici bank ltd kharar banur road near t point village landran distt sas nagar mohali 140347
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 160229044 for Landran 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 160229044 of ICICI Bank, Landran branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Landran branch, makes the characters readable even if there are other marks and stamps on it.

A total of 4 branches of Icici Bank Ltd are available with micr code -

>>Icici Bank Ltd >>Landran >>Mohali (Sas Nagar) Phase 5 >>Mohali Sector

MICR code for ICICI Landran

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Landran 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. 160229044 is the MICR code of Industrial Credit And Investment Corporation Of India for Landran branch. MICR code for Landran 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 Landran is presented in the table alongside.

Use of ICICI Bank MICR code for Landran branch in landran

The MICR code 160229044 is used in RBI cheque clearing process to identify the branch Landran 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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