ICICI Jalandhar Jalandhar Punjab MICR CODE

Find MICR Codes for ICICI Jalandhar Jalandhar Punjab

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mai Hira Gate
Contact 9855560656
Bank Details Icici Bank Ltd Mai Hira Gate ICIC0004188
Location Jalandhar, Jalandhar
City Jalandhar
District Jalandhar
State Punjab
Pincode 144008
Country IN
Address Icici bank ltd ne 205 mai hira gate adda hoshiarpur chowk jalandhar 144009
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 144229016 for Mai Hira Gate 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 144229016 of ICICI Bank, Mai Hira Gate branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Mai Hira Gate branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Mai Hira Gate

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Mai Hira Gate 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. 144229016 is the MICR code of Industrial Credit And Investment Corporation Of India for Mai Hira Gate branch. MICR code for Mai Hira Gate 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 Mai Hira Gate is presented in the table alongside.

Use of ICICI Bank MICR code for Mai Hira Gate branch in jalandhar

The MICR code 144229016 is used in RBI cheque clearing process to identify the branch Mai Hira Gate 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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