ICICI Salem Salem Tamil Nadu MICR CODE

Find MICR Codes for ICICI Salem Salem Tamil Nadu

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Salem
Contact Phone - 022 - 67574314 / 4322
Bank Details Icici Bank Ltd Salem ICIC0006119
Location Salem, Salem
City Salem
District Salem
State Tamil Nadu
Pincode 636009
Country IN
Address Swarnambigai plaza, s. F. No. 6/5, block no. 7, ward-c, omalur main road, near bus stand, salem.  636009
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 636229002 for Salem 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 636229002 of ICICI Bank, Salem branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Salem branch, makes the characters readable even if there are other marks and stamps on it.

A total of 12 branches of Icici Bank Ltd are available with micr code -

>>Fairland >>Gugai >>Idappadi >>Namakkal >>Poolampatti >>Salem >>Salem Agraharam Street >>Salem Attur >>Salem Hastampatti >>Salem Junction Main Road >>Vanavasi >>Veerapandi

MICR code for ICICI Salem

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Salem 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. 636229002 is the MICR code of Industrial Credit And Investment Corporation Of India for Salem branch. MICR code for Salem 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 Salem is presented in the table alongside.

Use of ICICI Bank MICR code for Salem branch in salem

The MICR code 636229002 is used in RBI cheque clearing process to identify the branch Salem 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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