ICICI Pandharpur Solapur Maharashtra MICR CODE

Find MICR Codes for ICICI Pandharpur Solapur Maharashtra

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MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pirachi Kuroli
Contact Mr. Arvind Lokhande-08600149934
Bank Details Icici Bank Ltd Pirachi Kuroli ICIC0002940
Location Pandharpur, Solapur
City Pandharpur
District Solapur
State Maharashtra
Pincode 413304
Country IN
Address Icici bank ltd., village pirachi kuroli, sub district pandharpur, district solapur, pin 413304, 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 413229516 for Pirachi Kuroli 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 413229516 of ICICI Bank, Pirachi Kuroli branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Pirachi Kuroli branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Pirachi Kuroli

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Pirachi Kuroli 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. 413229516 is the MICR code of Industrial Credit And Investment Corporation Of India for Pirachi Kuroli branch. MICR code for Pirachi Kuroli 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 Pirachi Kuroli is presented in the table alongside.

Use of ICICI Bank MICR code for Pirachi Kuroli branch in pandharpur

The MICR code 413229516 is used in RBI cheque clearing process to identify the branch Pirachi Kuroli 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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