ICICI Ranchi Ranchi Jharkhand MICR CODE

Find MICR Codes for ICICI Ranchi Ranchi Jharkhand

MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ranchi Ratu Road Jharkhand
Contact Mr. Navin Kumar 09934588843
Bank Details Icici Bank Ltd Ranchi Ratu Road Jharkhand ICIC0001150
Location Ranchi, Ranchi
City Ranchi
District Ranchi
State Jharkhand
Pincode 834001
Country IN
Address Icici bank ltd., modi heights, shop # 05 & 06, opp. All india radio, ratu road, ranchi - 834001, ranchi dist., jharkhand.
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 834229004 for Ranchi Ratu Road Jharkhand 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 834229004 of ICICI Bank, Ranchi Ratu Road Jharkhand branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Ranchi Ratu Road Jharkhand branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Ranchi Ratu Road Jharkhand

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Ranchi Ratu Road Jharkhand 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. 834229004 is the MICR code of Industrial Credit And Investment Corporation Of India for Ranchi Ratu Road Jharkhand branch. MICR code for Ranchi Ratu Road Jharkhand 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 Ranchi Ratu Road Jharkhand is presented in the table alongside.

Use of ICICI Bank MICR code for Ranchi Ratu Road Jharkhand branch in ranchi

The MICR code 834229004 is used in RBI cheque clearing process to identify the branch Ranchi Ratu Road Jharkhand 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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