ICICI Srinagar Srinagar Jammu And Kashmir MICR CODE

Find MICR Codes for ICICI Srinagar Srinagar Jammu And Kashmir

Bank
State
District
City
Branch
Address

MICR Code	-NA-
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	Lal Bazaar
Contact
Bank Details	Icici Bank Ltd Lal Bazaar ICIC0007245

Location	Srinagar, Srinagar
City	Srinagar
District	Srinagar
State	Jammu And Kashmir
Pincode	190011
Country	IN
Address	Icici bank ltd botshah mohalla lal bazaar srinagar near botshah mohalla bus stop srinagar 190011

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

A total of 8 branches of Icici Bank Ltd are available with micr code -

>>Bb Cantt >>Bohri Kadal Srinagar >>Brein Nishat >>Ig Road Srinagar >>Jak Li >>Lal Bazaar >>Soura >>Srinagar

MICR code for ICICI Lal Bazaar

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Lal Bazaar 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 Lal Bazaar branch. MICR code for Lal Bazaar 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 Lal Bazaar is presented in the table alongside.

Use of ICICI Bank MICR code for Lal Bazaar branch in srinagar

The MICR code 0 is used in RBI cheque clearing process to identify the branch Lal Bazaar 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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