ICICI Muzaffarpur Muzaffarpur Bihar MICR CODE

Find MICR Codes for ICICI Muzaffarpur Muzaffarpur Bihar

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Muzaffarpurkalambagh
Contact -
Bank Details Icici Bank Ltd Muzaffarpurkalambagh ICIC0005514
Location Muzaffarpur, Muzaffarpur
City Muzaffarpur
District Muzaffarpur
State Bihar
Pincode
Country IN
Address Village/moja gannpur kalambagh road, thana no. 344, p.s. Kazi mohammadpur, dist - muzaffarpur, bihar
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 0 for Muzaffarpurkalambagh 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 0 of ICICI Bank, Muzaffarpurkalambagh branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Muzaffarpurkalambagh branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Muzaffarpurkalambagh

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Muzaffarpurkalambagh 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. 0 is the MICR code of Industrial Credit And Investment Corporation Of India for Muzaffarpurkalambagh branch. MICR code for Muzaffarpurkalambagh 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 Muzaffarpurkalambagh is presented in the table alongside.

Use of ICICI Bank MICR code for Muzaffarpurkalambagh branch in muzaffarpur

The MICR code 0 is used in RBI cheque clearing process to identify the branch Muzaffarpurkalambagh 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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