ICICI Nawada Warisaliganj Bihar MICR CODE

Find MICR Codes for ICICI Nawada Warisaliganj Bihar

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Warisaliganj
Contact 0
Bank Details Icici Bank Ltd Warisaliganj ICIC0008381
Location Nawada, Warisaliganj
City Nawada
District Warisaliganj
State Bihar
Pincode
Country IN
Address Plot no 4835, tridev market, ground floor, near new prathmik health centre phc warisaliganj
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 Warisaliganj 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, Warisaliganj branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Warisaliganj 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 -

>>Warisaliganj

MICR code for ICICI Warisaliganj

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Warisaliganj 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 Warisaliganj branch. MICR code for Warisaliganj 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 Warisaliganj is presented in the table alongside.

Use of ICICI Bank MICR code for Warisaliganj branch in nawada

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