ICICI Patna Patna Bihar MICR CODE

Find MICR Codes for ICICI Patna Patna Bihar

MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Bhootnath Road
Contact Miss. Rajani Verma-07209136521
Bank Details Icici Bank Ltd Bhootnath Road ICIC0002382
Location Patna, Patna
City Patna
District Patna
State Bihar
Pincode 800020
Country IN
Address Icici bank ltd., new bahadurpur housing colony, bhootnath road, patna - 800020, bihar
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 800229012 for Bhootnath Road 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 800229012 of ICICI Bank, Bhootnath Road branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Bhootnath Road branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Bhootnath Road

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Bhootnath Road 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. 800229012 is the MICR code of Industrial Credit And Investment Corporation Of India for Bhootnath Road branch. MICR code for Bhootnath Road 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 Bhootnath Road is presented in the table alongside.

Use of ICICI Bank MICR code for Bhootnath Road branch in patna

The MICR code 800229012 is used in RBI cheque clearing process to identify the branch Bhootnath Road 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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