ICICI Patna Patna Bihar MICR CODE

Find MICR Codes for ICICI Patna Patna Bihar

MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Patna Ashok Rajpath
Contact Manish Kumar 9934011430
Bank Details Icici Bank Ltd Patna Ashok Rajpath ICIC0002385
Location Patna, Patna
City Patna
District Patna
State Bihar
Pincode 800004
Country IN
Address Icici bank ltd draupadi barnwal complex opp pmch main gate ashok rajpath patna 800004
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 800229011 for Patna Ashok Rajpath 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 800229011 of ICICI Bank, Patna Ashok Rajpath branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Patna Ashok Rajpath branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Patna Ashok Rajpath

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Patna Ashok Rajpath 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. 800229011 is the MICR code of Industrial Credit And Investment Corporation Of India for Patna Ashok Rajpath branch. MICR code for Patna Ashok Rajpath 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 Patna Ashok Rajpath is presented in the table alongside.

Use of ICICI Bank MICR code for Patna Ashok Rajpath branch in patna

The MICR code 800229011 is used in RBI cheque clearing process to identify the branch Patna Ashok Rajpath 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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