MICR Code: 500229031

Bank: ICICI Bank
IFSC Code: Icic0001312
MICR Code: 500229031
Address: Icici Bank Limited- Survey No 13-A- Opp. Integrated Collectorate- Main Road- Sangareddy. 502 295
City: Medak
District: Sangareddy
State: Andhra Pradesh

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 500229031.

  • In this case first three codes 500 is city code and it represents city Medak.
  • Next three characters 229 represents bank ICICI Bank.
  • Remaining characters which are 031 represents branch. In our case branch is located at address Icici Bank Limited- Survey No 13-A- Opp. Integrated Collectorate- Main Road- Sangareddy. 502 295.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.