ICICI Sekhawa Ferozpur Punjab MICR CODE

Find MICR Codes for ICICI Sekhawa Ferozpur Punjab

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sekhawa
Contact 0
Bank Details Icici Bank Ltd Sekhawa ICIC0003150
Location Sekhawa, Ferozpur
City Sekhawa
District Ferozpur
State Punjab
Pincode 142050
Country IN
Address Icici bank limited, village sekhawa, tehsil zira, districtferozepur, pin142050, punjab
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 0 for Sekhawa 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 0 of ICICI Bank, Sekhawa branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Sekhawa 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 -

>>Sekhawa

MICR code for ICICI Sekhawa

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Sekhawa 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. 0 is the MICR code of Industrial Credit And Investment Corporation Of India for Sekhawa branch. MICR code for Sekhawa 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 Sekhawa is presented in the table alongside.

Use of ICICI Bank MICR code for Sekhawa branch in sekhawa

The MICR code 0 is used in RBI cheque clearing process to identify the branch Sekhawa 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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