MICR Code Bank
Find MICR code for Citibank branches in India for NEFT and RTGS transfer

Citibank MICR CODE

Find MICR Codes for Citibank

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  5. gurgaon

Find MICR Codes for Citibank

MICR Code: 122037002
Bank: Citibank
Business Hours:
Mode Of Payment: Cash,Cheque,Demand Draft and Net banking
Branch: Gurgaon
Contact: 022-40005706/022-40005922/022-28446390/022-40015618
Bank Details: Citibank Gurgaon CITI0000014
Location: Gurgaon, Gurgaon
City: Gurgaon
District: Gurgaon
State: Haryana
Pincode: 122002
Country: IN
Address: Dlf square, m block, jaracanda marg, dlf city, phase ii, gurgaon - 122002

How does MICR code for 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 of City Bank, branch makes the system almost error free and faster. Use of City Bank MICR codes for branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Citibank are available with micr code

>>Gurgaon

MICR code for Citibank

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

Use of City Bank MICR code for branch in gurgaon

The MICR code is used in RBI cheque clearing process to identify the branch and City 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 Citibank India is typically in either of these two font’s: E-138 and CMC-7.