ICICI Palam Delhi New Delhi MICR CODE

Find MICR Codes for ICICI Palam 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 Palam Colony
Contact
Bank Details Icici Bank Ltd Palam Colony ICIC0007322
Location Palam, Delhi
City Palam
District Delhi
State New Delhi
Pincode 110045
Country IN
Address Rz 11 puran nagar palam colony front of palam metro gate no 3 delhi 110045
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.

Search ICICI MICR Codes in delhi

You can search through MICR Codes of New Delhi branches in palam of District delhi in New Delhi State by using the search box or you can browse through the table using the conrols at the bottom.

A total of 1 branches of Icici Bank Ltd are available with micr code -

>>Palam Colony

How to find MICR codes for ICICI in palam?

ICICI palam MICR codes are given in the table alongside. Details including address and contact numbers are also provided. From ICICI Bank MICR codes list for palam, one can further search by branch name specified in the table. You can find MICR codes for all ICICI palam branches.

ICICI Bank MICR code in palam

ICICI MICR code is a character recognition technology used by banks in the processing of cheques. ICICI Bank MICR code for palam branches includes document type indicator, bank code, cheque number, etc. This code is printed in either of the two fonts E-138 and CMC-7 using a magnetic ink or toner, usually containing iron oxide. The MICR code for Industrial Credit And Investment Corporation Of India branches in palam, is used to identify the bank branch to which the cheque belongs. It is used by RBI for clearance of cheques.

How does Industrial Credit And Investment Corporation Of India MICR code for palam branches speed up the processing of cheques?

In manual clearing of cheques, there is a possibility of many errors and a long delay is involved. The characters of MICR code for a ICICI palam branch, sprinted 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. Thus MICR code for ICICI Bank palam branches speeds up the processing of cheque as it reduces manual effort of sorting. Use of Industrial Credit And Investment Corporation Of India MICR codes for palam branches, makes the characters readable even if there are other marks and stamps on it. This makes the system almost error proof!

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