ICICI Kanpur Kanpur City Uttar Pradesh MICR CODE

Find MICR Codes for ICICI Kanpur Kanpur City 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 Shyam Nagar
Contact 0
Bank Details Icici Bank Ltd Shyam Nagar ICIC0004178
Location Kanpur, Kanpur City
City Kanpur
District Kanpur City
State Uttar Pradesh
Pincode
Country IN
Address Icici bank ltd 62 rampuram iii daheli sujanpur main pac road shyam nagar kanpur
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 208229016 for Shyam Nagar 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 208229016 of ICICI Bank, Shyam Nagar branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Shyam Nagar branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Shyam Nagar

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Shyam Nagar 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. 208229016 is the MICR code of Industrial Credit And Investment Corporation Of India for Shyam Nagar branch. MICR code for Shyam Nagar 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 Shyam Nagar is presented in the table alongside.

Use of ICICI Bank MICR code for Shyam Nagar branch in kanpur

The MICR code 208229016 is used in RBI cheque clearing process to identify the branch Shyam Nagar 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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