ICICI Bangalore Bangalore Karnataka MICR CODE

Find MICR Codes for ICICI Bangalore Bangalore Karnataka

MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bangalore K.G.
Contact Niranjan Lal Bafna 080-32912664; 080-32980928; 9341289405
Bank Details Icici Bank Ltd Bangalore K.G. ICIC0006560
Location Bangalore, Bangalore
City Bangalore
District Bangalore
State Karnataka
Pincode 560009
Country IN
Address 11, resham mahal, 2nd cross, k.g. Road, bangalore-560009 (karnataka)
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 332229003 for Bangalore K.G. 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 332229003 of ICICI Bank, Bangalore K.G. branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Bangalore K.G. branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Bangalore K.G.

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Bangalore K.G. 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. 332229003 is the MICR code of Industrial Credit And Investment Corporation Of India for Bangalore K.G. branch. MICR code for Bangalore K.G. 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 Bangalore K.G. is presented in the table alongside.

Use of ICICI Bank MICR code for Bangalore K.G. branch in bangalore

The MICR code 332229003 is used in RBI cheque clearing process to identify the branch Bangalore K.G. 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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