ICICI Sunam Sangrur Punjab MICR CODE

Find MICR Codes for ICICI Sunam Sangrur Punjab

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mauran
Contact Mr. Gaurav Kapoor-08288097257
Bank Details Icici Bank Ltd Mauran ICIC0002962
Location Sunam, Sangrur
City Sunam
District Sangrur
State Punjab
Pincode 148035
Country IN
Address Icici bank ltd., village mauran, sub district sunam, district sangrur, pin 148035, 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 148229004 for Mauran 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 148229004 of ICICI Bank, Mauran branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Mauran 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 -

>>Mauran >>Mojowal >>Nilowal >>Sunam

MICR code for ICICI Mauran

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Mauran 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. 148229004 is the MICR code of Industrial Credit And Investment Corporation Of India for Mauran branch. MICR code for Mauran 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 Mauran is presented in the table alongside.

Use of ICICI Bank MICR code for Mauran branch in sunam

The MICR code 148229004 is used in RBI cheque clearing process to identify the branch Mauran 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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