ICICI Gurgaon Gurgaon Haryana MICR CODE

Find MICR Codes for ICICI Gurgaon Gurgaon Haryana

MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Sector D
Contact 9467865723
Bank Details Icici Bank Ltd Sector D ICIC0004321
Location Gurgaon, Gurgaon
City Gurgaon
District Gurgaon
State Haryana
Pincode 122001
Country IN
Address Icici bank ltd shop no 3 306 pataudi road sector37d opp radha swami vyas gurugram-122001 haryana
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 110229311 for Sector D 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 110229311 of ICICI Bank, Sector D branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Sector D branch, makes the characters readable even if there are other marks and stamps on it.

A total of 79 branches of Icici Bank Ltd are available with micr code -

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MICR code for ICICI Sector D

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Sector D 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. 110229311 is the MICR code of Industrial Credit And Investment Corporation Of India for Sector D branch. MICR code for Sector D 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 Sector D is presented in the table alongside.

Use of ICICI Bank MICR code for Sector D branch in gurgaon

The MICR code 110229311 is used in RBI cheque clearing process to identify the branch Sector D 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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