ICICI Rau Indore Madhya Pradesh MICR CODE

Find MICR Codes for ICICI Rau Indore Madhya Pradesh

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Rau Madhya Pradesh
Contact Rajesh Bhatt 731-4090635, 9691888725 ; Ruchika Gaikwad 7324-275656, 999354022
Bank Details Icici Bank Ltd Rau Madhya Pradesh ICIC0001717
Location Rau, Indore
City Rau
District Indore
State Madhya Pradesh
Pincode 453331
Country IN
Address Icici bank ltd., 801/1, a.b.road, opp.sbi, rao dist indore - 453331, madhya 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 452229013 for Rau Madhya Pradesh 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 452229013 of ICICI Bank, Rau Madhya Pradesh branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Rau Madhya Pradesh 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 -

>>Rau Madhya Pradesh

MICR code for ICICI Rau Madhya Pradesh

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Rau Madhya Pradesh 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. 452229013 is the MICR code of Industrial Credit And Investment Corporation Of India for Rau Madhya Pradesh branch. MICR code for Rau Madhya Pradesh 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 Rau Madhya Pradesh is presented in the table alongside.

Use of ICICI Bank MICR code for Rau Madhya Pradesh branch in rau

The MICR code 452229013 is used in RBI cheque clearing process to identify the branch Rau Madhya Pradesh 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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