ICICI Bareilly Bareilly Uttar Pradesh MICR CODE

Find MICR Codes for ICICI Bareilly Bareilly Uttar Pradesh

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pilibhit Bypass
Contact Naveen Saxena - 08953861827
Bank Details Icici Bank Ltd Pilibhit Bypass ICIC0001915
Location Bareilly, Bareilly
City Bareilly
District Bareilly
State Uttar Pradesh
Pincode 243006
Country IN
Address Icici bank ltd., plot no.3, khasra no.344, navada jogiyana, pilibhit bypass , bareilly - 243006, uttar pradesh
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 243229004 for Pilibhit Bypass 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 243229004 of ICICI Bank, Pilibhit Bypass branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Pilibhit Bypass branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Pilibhit Bypass

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Pilibhit Bypass 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. 243229004 is the MICR code of Industrial Credit And Investment Corporation Of India for Pilibhit Bypass branch. MICR code for Pilibhit Bypass 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 Pilibhit Bypass is presented in the table alongside.

Use of ICICI Bank MICR code for Pilibhit Bypass branch in bareilly

The MICR code 243229004 is used in RBI cheque clearing process to identify the branch Pilibhit Bypass 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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