ICICI Perundurai Erode Tamil Nadu MICR CODE

Find MICR Codes for ICICI Perundurai Erode Tamil Nadu

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Perundurai Tamil Nadu
Contact Mr. Davidson Ponraj 04294-223855, 04294-224244
Bank Details Icici Bank Ltd Perundurai Tamil Nadu ICIC0001553
Location Perundurai, Erode
City Perundurai
District Erode
State Tamil Nadu
Pincode 638052
Country IN
Address Icici bank ltd., 226, bhavani main road, perundurai-638052, erode district, tamilnadu.
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 638229007 for Perundurai Tamil Nadu 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 638229007 of ICICI Bank, Perundurai Tamil Nadu branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Perundurai Tamil Nadu branch, makes the characters readable even if there are other marks and stamps on it.

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

>>Perundurai Tamil Nadu

MICR code for ICICI Perundurai Tamil Nadu

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Perundurai Tamil Nadu 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. 638229007 is the MICR code of Industrial Credit And Investment Corporation Of India for Perundurai Tamil Nadu branch. MICR code for Perundurai Tamil Nadu 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 Perundurai Tamil Nadu is presented in the table alongside.

Use of ICICI Bank MICR code for Perundurai Tamil Nadu branch in perundurai

The MICR code 638229007 is used in RBI cheque clearing process to identify the branch Perundurai Tamil Nadu 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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