ICICI Bhopal Bhopal Madhya Pradesh MICR CODE

Find MICR Codes for ICICI Bhopal Bhopal Madhya Pradesh

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MICR Code	-NA-
Bank	Icici Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	No.Market
Contact	900481
Bank Details	Icici Bank Ltd No.Market ICIC0003275

Location	Bhopal, Bhopal
City	Bhopal
District	Bhopal
State	Madhya Pradesh
Pincode	462016
Country	IN
Address	E-4/107 arera colony bhopal 462016

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 No.Market 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, No.Market branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for No.Market branch, makes the characters readable even if there are other marks and stamps on it.

A total of 26 branches of Icici Bank Ltd are available with micr code -

>>Airport Road Branch Bhopal >>Ashoka Garden >>Awadhpuri >>Ayodhya Nagar Bhopal >>Bagmugalia >>Bawadiya Kalan >>Berasai >>Bhopal >>Bhopal >>Bhopal >>Bhopal Bhel >>Bhopal Hamedia Road >>Bhopal Heera Complex >>Bhopal Lalghati >>Bhopal Mpuvn >>Chuna Bhatti >>Gulmohar >>Ibrahimpura >>Kohefiza >>Kolar Bhopal Madhya Pradesh >>Misrod >>Nehru Nagar >>No.Market >>Patel Nagar >>Peoples Mall Bhopal >>Tiraha Bhopal Madhya Pradesh

MICR code for ICICI No.Market

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for No.Market 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 No.Market branch. MICR code for No.Market 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 No.Market is presented in the table alongside.

Use of ICICI Bank MICR code for No.Market branch in bhopal

The MICR code 0 is used in RBI cheque clearing process to identify the branch No.Market 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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