MICR Code: 160229040

Bank: ICICI Bank
IFSC Code: Icic0002429
MICR Code: 160229040
Address: Sco 2 Sector 15 C Chandigarh 160015
City: Chandigarh
District: Chandigarh
State: Chandigarh

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 160229040.

  • In this case first three codes 160 is city code and it represents city Chandigarh.
  • Next three characters 229 represents bank ICICI Bank.
  • Remaining characters which are 040 represents branch. In our case branch is located at address Sco 2 Sector 15 C Chandigarh 160015.

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.