ICICI Noida Gautam Buddha Nagar Uttar Pradesh MICR CODE

Find MICR Codes for ICICI Noida Gautam Buddha Nagar Uttar Pradesh

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sector Noida
Contact 0
Bank Details Icici Bank Ltd Sector Noida ICIC0003451
Location Noida, Gautam Buddha Nagar
City Noida
District Gautam Buddha Nagar
State Uttar Pradesh
Pincode 201304
Country IN
Address Icici bank ltd 104 plot no.gh07a gulshan vivante sector 137 noida u.p.-201301 dist-gautam buddha nagar uttar 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 110229251 for Sector Noida 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 110229251 of ICICI Bank, Sector Noida branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Sector Noida branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Sector Noida

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Sector Noida 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. 110229251 is the MICR code of Industrial Credit And Investment Corporation Of India for Sector Noida branch. MICR code for Sector Noida 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 Sector Noida is presented in the table alongside.

Use of ICICI Bank MICR code for Sector Noida branch in noida

The MICR code 110229251 is used in RBI cheque clearing process to identify the branch Sector Noida 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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