ICICI Pimpri Chinchwad Pimpri Chinchwad Maharashtra MICR CODE

Find MICR Codes for ICICI Pimpri Chinchwad Pimpri Chinchwad Maharashtra

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MICR Code	411229037
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	Bhosari
Contact	Mr. Rishav Raj 9561086975
Bank Details	Icici Bank Ltd Bhosari ICIC0002152

Location	Pimpri Chinchwad, Pimpri Chinchwad
City	Pimpri Chinchwad
District	Pimpri Chinchwad
State	Maharashtra
Pincode	411026
Country	IN
Address	Icici bank ltd., shop no. 1,2,3,5,6 and 7, business centre, j block, midc, telco bhosari road, bhosari, pimpri chinchwad - 411026, pune dist., maharashtra

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 411229037 for Bhosari 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 411229037 of ICICI Bank, Bhosari branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Bhosari branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Icici Bank Ltd are available with micr code -

>>Bhosari >>Ravet

MICR code for ICICI Bhosari

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Bhosari 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. 411229037 is the MICR code of Industrial Credit And Investment Corporation Of India for Bhosari branch. MICR code for Bhosari 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 Bhosari is presented in the table alongside.

Use of ICICI Bank MICR code for Bhosari branch in pimpri chinchwad

The MICR code 411229037 is used in RBI cheque clearing process to identify the branch Bhosari 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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