ICICI Pandharpur Solapur Maharashtra MICR CODE

Find MICR Codes for ICICI Pandharpur Solapur Maharashtra

MICR Code
Bank Icici Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Upari
Contact Mr. Arvind Lokhande-08600149934
Bank Details Icici Bank Ltd Upari ICIC0002943
Location Pandharpur, Solapur
City Pandharpur
District Solapur
State Maharashtra
Pincode 413310
Country IN
Address Icici bank ltd., village upari, sub district pandharpur, district solapur, pin 413310, 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 413229518 for Upari 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 413229518 of ICICI Bank, Upari branch makes the system almost error free and faster. Use of ICICI Bank MICR codes for Upari branch, makes the characters readable even if there are other marks and stamps on it.

MICR code for ICICI Upari

ICICI MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. ICICI Bank MICR code for Upari 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. 413229518 is the MICR code of Industrial Credit And Investment Corporation Of India for Upari branch. MICR code for Upari 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 Upari is presented in the table alongside.

Use of ICICI Bank MICR code for Upari branch in pandharpur

The MICR code 413229518 is used in RBI cheque clearing process to identify the branch Upari 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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