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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 Neeladari Road
Contact 9342894007
Bank Details Icici Bank Ltd Neeladari Road ICIC0003175
Location Bommanahalli, Bangalore Urban
City Bommanahalli
District Bangalore Urban
State Karnataka
Pincode 560100
Country IN
Address No.224 neeladari nagar 3rd cross neeladari road electronic city phase 1 bangalore
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 560229125 for Neeladari 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 560229125 of ICICI Bank, Neeladari Road branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Neeladari Road 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 Neeladari 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 Neeladari 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. 560229125 is the MICR code of Industrial Credit And Investment Corporation Of India for Neeladari Road branch. MICR code for Neeladari 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 Neeladari Road is presented in the table alongside.

Use of ICICI Bank MICR code for Neeladari Road branch in bommanahalli

The MICR code 560229125 is used in RBI cheque clearing process to identify the branch Neeladari 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.