ICICI Pune Pune Maharashtra MICR CODE

Find MICR Codes for ICICI Pune Pune Maharashtra

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MICR Code	411229056
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 Nanded City
Contact	0
Bank Details	Icici Bank Ltd Pune Nanded City ICIC0003491

Location	Pune, Pune
City	Pune
District	Pune
State	Maharashtra
Pincode	411041
Country	IN
Address	Icici bank ltd poorva shrushti building shop no.2b s.no.33 by 11 vadgaon khurd sinhgad road pune 411041

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 411229056 for Pune Nanded 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 411229056 of ICICI Bank, Pune Nanded City branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Pune Nanded City branch, makes the characters readable even if there are other marks and stamps on it.

A total of 90 branches of Icici Bank Ltd are available with micr code -

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MICR code for ICICI Pune Nanded 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 Nanded 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. 411229056 is the MICR code of Industrial Credit And Investment Corporation Of India for Pune Nanded City branch. MICR code for Pune Nanded 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 Nanded City is presented in the table alongside.

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

The MICR code 411229056 is used in RBI cheque clearing process to identify the branch Pune Nanded 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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