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ICICI Bommanahalli Bangalore Urban Karnataka MICR CODE

Find MICR Codes for ICICI Bommanahalli Bangalore Urban Karnataka

MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Electronic City Phase Ii
Contact 80000000
Bank Details Icici Bank Ltd Electronic City Phase Ii ICIC0003132
Location Bommanahalli, Bangalore Urban
City Bommanahalli
District Bangalore Urban
State Karnataka
Pincode 560100
Country IN
Address No.17b electronic city phase 2 hosur road bangalore 560100
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 560229124 for Electronic City Phase Ii 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 560229124 of ICICI Bank, Electronic City Phase Ii branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Electronic City Phase Ii branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Icici Bank Ltd are available with micr code -

>>Bhattarahalli >>Electronic City Phase Ii >>Neeladari Road

MICR code for ICICI Electronic City Phase Ii

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Electronic City Phase Ii 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. 560229124 is the MICR code of Industrial Credit And Investment Corporation Of India for Electronic City Phase Ii branch. MICR code for Electronic City Phase Ii 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 Electronic City Phase Ii is presented in the table alongside.

Use of ICICI Bank MICR code for Electronic City Phase Ii branch in bommanahalli

The MICR code 560229124 is used in RBI cheque clearing process to identify the branch Electronic City Phase Ii 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.