ICICI Mysore Mysore Karnataka MICR CODE

Find MICR Codes for ICICI Mysore Mysore Karnataka

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Mysore Main
Contact Phone - 022 - 67574314 / 4322
Bank Details Icici Bank Ltd Mysore Main ICIC0006255
Location Mysore, Mysore
City Mysore
District Mysore
State Karnataka
Pincode 570024
Country IN
Address # 34/2.3.4, ground floor, setty mansion, ramavilas road, mysore  570024
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 570229003 for Mysore Main 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 570229003 of ICICI Bank, Mysore Main branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Mysore Main branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Mysore Main

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Mysore Main 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. 570229003 is the MICR code of Industrial Credit And Investment Corporation Of India for Mysore Main branch. MICR code for Mysore Main 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 Mysore Main is presented in the table alongside.

Use of ICICI Bank MICR code for Mysore Main branch in mysore

The MICR code 570229003 is used in RBI cheque clearing process to identify the branch Mysore Main 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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