ICICI Faridabad Faridabad Haryana MICR CODE

Find MICR Codes for ICICI Faridabad Faridabad Haryana

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sainik Colony Faridabad
Contact Abhishek Rai 8894729551
Bank Details Icici Bank Ltd Sainik Colony Faridabad ICIC0002358
Location Faridabad, Faridabad
City Faridabad
District Faridabad
State Haryana
Pincode 121001
Country IN
Address Icici bank ltd scf 67/68 near dav public school sainik colony sector 49 faridabad
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 110229229 for Sainik Colony Faridabad 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 110229229 of ICICI Bank, Sainik Colony Faridabad branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Sainik Colony Faridabad branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Sainik Colony Faridabad

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Sainik Colony Faridabad 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. 110229229 is the MICR code of Industrial Credit And Investment Corporation Of India for Sainik Colony Faridabad branch. MICR code for Sainik Colony Faridabad 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 Sainik Colony Faridabad is presented in the table alongside.

Use of ICICI Bank MICR code for Sainik Colony Faridabad branch in faridabad

The MICR code 110229229 is used in RBI cheque clearing process to identify the branch Sainik Colony Faridabad 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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