ICICI Pune Pune Maharashtra MICR CODE

Find MICR Codes for ICICI Pune Pune Maharashtra

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MICR Code	411229022
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	Pune Magarpatta City
Contact	Jennifer Sequeira 020-64019264 / 65,9823106311
Bank Details	Icici Bank Ltd Pune Magarpatta City ICIC0000581

Location	Pune, Pune
City	Pune
District	Pune
State	Maharashtra
Pincode	411028
Country	IN
Address	Icici bank limited, destination centre, hadapsar, pune.411028

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 411229022 for Pune Magarpatta City 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 411229022 of ICICI Bank, Pune Magarpatta City branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Pune Magarpatta City branch, makes the characters readable even if there are other marks and stamps on it.

A total of 91 branches of Icici Bank Ltd are available with micr code -

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MICR code for ICICI Pune Magarpatta City

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Pune Magarpatta City 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. 411229022 is the MICR code of Industrial Credit And Investment Corporation Of India for Pune Magarpatta City branch. MICR code for Pune Magarpatta City 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 Pune Magarpatta City is presented in the table alongside.

Use of ICICI Bank MICR code for Pune Magarpatta City branch in pune

The MICR code 411229022 is used in RBI cheque clearing process to identify the branch Pune Magarpatta City 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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