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 Jakkur Layout
Contact
Bank Details Icici Bank Ltd Jakkur Layout ICIC0007549
Location Bangalore, Bangalore
City Bangalore
District Bangalore
State Karnataka
Pincode 560064
Country IN
Address Icici bank ltd no32 mchs jakkur layout jakkur sy no 91 1a etc ward no 5 bangalore 560064
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 0 for Jakkur Layout 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 0 of ICICI Bank, Jakkur Layout branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Jakkur Layout branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Jakkur Layout

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Jakkur Layout 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. 0 is the MICR code of Industrial Credit And Investment Corporation Of India for Jakkur Layout branch. MICR code for Jakkur Layout 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 Jakkur Layout is presented in the table alongside.

Use of ICICI Bank MICR code for Jakkur Layout branch in bangalore

The MICR code 0 is used in RBI cheque clearing process to identify the branch Jakkur Layout 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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