ICICI Indore Indore Madhya Pradesh MICR CODE

Find MICR Codes for ICICI Indore Indore 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	Paraspar Sahayak Cooperative Bank Ltd
Contact
Bank Details	Icici Bank Ltd Paraspar Sahayak Cooperative Bank Ltd ICIC00PSCBL

Location	Indore, Indore
City	Indore
District	Indore
State	Madhya Pradesh
Pincode
Country	IN
Address	13 14 15 16 mth palika plaza ii indore

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.

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Paraspar Sahayak Cooperative Bank Ltd (0)

How does MICR code 0 for Paraspar Sahayak Cooperative Bank Ltd 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, Paraspar Sahayak Cooperative Bank Ltd branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Paraspar Sahayak Cooperative Bank Ltd branch, makes the characters readable even if there are other marks and stamps on it.

A total of 42 branches of Icici Bank Ltd are available with micr code -

>>Airport Road Indore >>Arihant Urban Co Operativa Bank Ltd >>Bengali Square Indore >>Dewas Naka Indore >>Indore >>Indore >>Indore Ashok Nagar >>Indore Bombay Hospital Road >>Indore Brilliant Conv Center >>Indore C Business Park Branch >>Indore Choithram Mandi >>Indore Daly College >>Indore Kanadia Road >>Indore Khandwa Road Brnach >>Indore M G Road >>Indore Mahalaxmi Nagar >>Indore Manorama Ganj >>Indore New Palasia >>Indore Palda Road Branch >>Indore Palsikar Colony >>Indore Paraspar Sahakari Bank Limited >>Indore Patel Nagar >>Indore Pipliyahana >>Indore Rajmohalla >>Indore Rajwada >>Indore Saket Nagar >>Indore Sanwer Road >>Indore Sukhliya Branch >>Indore Usha Ganj >>Indore Vcc >>Indore Vijay Nagar >>Kalod Kartal >>Manglia >>New Palasia Indore Madhya Pradesh >>Paraspar Sahayak Cooperative Bank Ltd >>Ralamandal >>Siyaganj Indore >>South Tukogang >>Transport Cooperative Bank Ltd. >>Ujjain Agar Road Branch >>Vaishali Nagar >>Yashwant Niwas Road

MICR code for ICICI Paraspar Sahayak Cooperative Bank Ltd

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Paraspar Sahayak Cooperative Bank Ltd 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 Paraspar Sahayak Cooperative Bank Ltd branch. MICR code for Paraspar Sahayak Cooperative Bank Ltd 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 Paraspar Sahayak Cooperative Bank Ltd is presented in the table alongside.

Use of ICICI Bank MICR code for Paraspar Sahayak Cooperative Bank Ltd branch in indore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Paraspar Sahayak Cooperative Bank Ltd 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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