ICICI Gautam Buddha Nagar Noida Uttar Pradesh MICR CODE

Find MICR Codes for ICICI Gautam Buddha Nagar Noida 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 Sharda University
Contact 0-7738953648
Bank Details Icici Bank Ltd Sharda University ICIC0007692
Location Gautam Buddha Nagar, Noida
City Gautam Buddha Nagar
District Noida
State Uttar Pradesh
Pincode 620012
Country IN
Address Icici bank ltd kubera towers 143/5colony mainroad crawford trichy-620012
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 110229354 for Sharda University 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 110229354 of ICICI Bank, Sharda University branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Sharda University branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Sharda University

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Sharda University 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. 110229354 is the MICR code of Industrial Credit And Investment Corporation Of India for Sharda University branch. MICR code for Sharda University 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 Sharda University is presented in the table alongside.

Use of ICICI Bank MICR code for Sharda University branch in gautam buddha nagar

The MICR code 110229354 is used in RBI cheque clearing process to identify the branch Sharda University 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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