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ICICI Pakaur Pakur Jharkhand MICR CODE

Find MICR Codes for ICICI Pakaur Pakur Jharkhand

Bank
State
District
City
Branch
Address

MICR Code	816229002
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	Pakaur
Contact	6435220015
Bank Details	Icici Bank Ltd Pakaur ICIC0004098

Location	Pakaur, Pakur
City	Pakaur
District	Pakur
State	Jharkhand
Pincode	816107
Country	IN
Address	Baagat para oppsite sdpo residence main road pakur jharkhand 816107

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 816229002 for Pakaur 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 816229002 of ICICI Bank, Pakaur branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Pakaur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Icici Bank Ltd are available with micr code -

>>Pakaur

MICR code for ICICI Pakaur

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Pakaur 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. 816229002 is the MICR code of Industrial Credit And Investment Corporation Of India for Pakaur branch. MICR code for Pakaur 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 Pakaur is presented in the table alongside.

Use of ICICI Bank MICR code for Pakaur branch in pakaur

The MICR code 816229002 is used in RBI cheque clearing process to identify the branch Pakaur 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.