ICICI Alwar Alwar Rajasthan MICR CODE

Find MICR Codes for ICICI Alwar Alwar Rajasthan

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Riico Ind Areaalwar
Contact 9214201607
Bank Details Icici Bank Ltd Riico Ind Areaalwar ICIC0004301
Location Alwar, Alwar
City Alwar
District Alwar
State Rajasthan
Pincode 301019
Country IN
Address Shop no-61 to 63,94 to 96,spoc-1,road no-2,mia,alwar
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 301229009 for Riico Ind Areaalwar 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 301229009 of ICICI Bank, Riico Ind Areaalwar branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Riico Ind Areaalwar branch, makes the characters readable even if there are other marks and stamps on it.

A total of 9 branches of Icici Bank Ltd are available with micr code -

>>Alwar >>Alwar Bal Bharti Sr.Sec. School >>Alwar C.R. >>Alwar Mie >>Alwar Scheme No 2 >>Khairthal >>Kishangarh >>Mundawar Alwar >>Riico Ind Areaalwar

MICR code for ICICI Riico Ind Areaalwar

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Riico Ind Areaalwar 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. 301229009 is the MICR code of Industrial Credit And Investment Corporation Of India for Riico Ind Areaalwar branch. MICR code for Riico Ind Areaalwar 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 Riico Ind Areaalwar is presented in the table alongside.

Use of ICICI Bank MICR code for Riico Ind Areaalwar branch in alwar

The MICR code 301229009 is used in RBI cheque clearing process to identify the branch Riico Ind Areaalwar 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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