MICR Code: 403229028

Bank: ICICI Bank
IFSC Code: Icic0002589
MICR Code: 403229028
Address: Icici Bank Ltd.953 By Gfs 2 3 4 And 953 By Gfg 5 Ollembhat Voltar Acsona Benaulim Salcete Goa
City: Margao
District: Benaulim
State: Goa

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 403229028.

  • In this case first three codes 403 is city code and it represents city Margao.
  • Next three characters 229 represents bank ICICI Bank.
  • Remaining characters which are 028 represents branch. In our case branch is located at address Icici Bank Ltd.953 By Gfs 2 3 4 And 953 By Gfg 5 Ollembhat Voltar Acsona Benaulim Salcete Goa.

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.