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ICICI Bank

MAHVEER CHOWK, SOLAPUR BRANCH

+917304917215

IFSC CODE
ICIC0000199
MICR Code 413229002
Branch Code 000199
City / District SOLAPUR
State MAHARASHTRA
Office Address ICICI BANK LTD., BHESKAR TOWER, 201/1/15, MAHAVIR CHOWK, CIVIL LINES, SOLAPUR.413003
Phone +917304917215
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of ICICI Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the MAHVEER CHOWK, SOLAPUR branch of ICICI Bank, the code ICIC0000199 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the ICIC0000199 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"ICIC" represents ICICI Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for MAHVEER CHOWK, SOLAPUR

Payment Systems Supported by ICIC0000199

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—413229002—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The ICICI Bank in SOLAPUR typically follows the RBI holiday calendar. Digital transfers via ICIC0000199 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While ICIC0000199 is the valid code for MAHVEER CHOWK, SOLAPUR at SOLAPUR, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

  • • ICICI Bank Branch List
  • • SOLAPUR IFSC Codes
  • • Swift Code for ICICI Bank
  • • Bank Holiday in MAHARASHTRA

Financial Tools

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Branch Context

  • • MAHVEER CHOWK, SOLAPUR Contact
  • • Address of ICICI Bank
  • • MICR Code Finder
  • • MAHARASHTRA Banking Circle

Platform Links

  • • Anand Design DevBox
  • • SEO Performance Hub
  • • Webmaster Tools
  • • IFSC Finder v2.0

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