ICICI Gwalior Gwalior Madhya Pradesh MICR CODE

Find MICR Codes for ICICI Gwalior Gwalior Madhya Pradesh

Bank
State
District
City
Branch
Address

MICR Code	474229002
Bank	Icici Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Gwalior Madhya Pradesh
Contact	Mr. Praveen Tiwari 09752006171
Bank Details	Icici Bank Ltd Gwalior Madhya Pradesh ICIC0001439

Location	Gwalior, Gwalior
City	Gwalior
District	Gwalior
State	Madhya Pradesh
Pincode	474006
Country	IN
Address	Icici bank ltd., 26/411, ram kala nagar, telegraph road, morrar, gwalior- 474006, gwalior dist., madhya pradesh.

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 474229002 for Gwalior Madhya Pradesh 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 474229002 of ICICI Bank, Gwalior Madhya Pradesh branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Gwalior Madhya Pradesh branch, makes the characters readable even if there are other marks and stamps on it.

A total of 14 branches of Icici Bank Ltd are available with micr code -

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MICR code for ICICI Gwalior Madhya Pradesh

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Gwalior Madhya Pradesh 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. 474229002 is the MICR code of Industrial Credit And Investment Corporation Of India for Gwalior Madhya Pradesh branch. MICR code for Gwalior Madhya Pradesh 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 Gwalior Madhya Pradesh is presented in the table alongside.

Use of ICICI Bank MICR code for Gwalior Madhya Pradesh branch in gwalior

The MICR code 474229002 is used in RBI cheque clearing process to identify the branch Gwalior Madhya Pradesh 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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