ICICI Delhi Delhi New Delhi MICR CODE

Find MICR Codes for ICICI Delhi Delhi New Delhi

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch New Delhi Itl Tower Delhi
Contact Manu Shah 9650960968, Ashima Khanna 9650960195, 11-47420070
Bank Details Icici Bank Ltd New Delhi Itl Tower Delhi ICIC0001353
Location Delhi, Delhi
City Delhi
District Delhi
State New Delhi
Pincode 110034
Country IN
Address Icici bank ltd., g-20-21 pp tower netaji shubhash palce pitampura -110034, new delhi
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 110229154 for New Delhi Itl Tower Delhi 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 110229154 of ICICI Bank, New Delhi Itl Tower Delhi branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for New Delhi Itl Tower Delhi branch, makes the characters readable even if there are other marks and stamps on it.

A total of 154 branches of Icici Bank Ltd are available with micr code -

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MICR code for ICICI New Delhi Itl Tower Delhi

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for New Delhi Itl Tower Delhi 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. 110229154 is the MICR code of Industrial Credit And Investment Corporation Of India for New Delhi Itl Tower Delhi branch. MICR code for New Delhi Itl Tower Delhi 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 New Delhi Itl Tower Delhi is presented in the table alongside.

Use of ICICI Bank MICR code for New Delhi Itl Tower Delhi branch in delhi

The MICR code 110229154 is used in RBI cheque clearing process to identify the branch New Delhi Itl Tower Delhi 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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