ICICI Raipur Raipur Chhattisgarh MICR CODE

Find MICR Codes for ICICI Raipur Raipur Chhattisgarh

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Raipur Dumartarai
Contact 8349701487
Bank Details Icici Bank Ltd Raipur Dumartarai ICIC0004297
Location Raipur, Raipur
City Raipur
District Raipur
State Chhattisgarh
Pincode 492015
Country IN
Address Shop no 113 l k corporate nh 30 new dhamtari road dumartarai raipur 492015 chhattisgarh
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 492229015 for Raipur Dumartarai 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 492229015 of ICICI Bank, Raipur Dumartarai branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Raipur Dumartarai branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Raipur Dumartarai

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Raipur Dumartarai 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. 492229015 is the MICR code of Industrial Credit And Investment Corporation Of India for Raipur Dumartarai branch. MICR code for Raipur Dumartarai 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 Raipur Dumartarai is presented in the table alongside.

Use of ICICI Bank MICR code for Raipur Dumartarai branch in raipur

The MICR code 492229015 is used in RBI cheque clearing process to identify the branch Raipur Dumartarai 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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