MICR Code: 583229503

Bank: ICICI Bank
IFSC Code: Icic0002814
MICR Code: 583229503
Address: Icici Bank Ltd Dhanalaxmi Building Near Sbh Rgroad Karatagi 583229
City: Koppal
District: Karatgi
State: Karnataka

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 583229503.

  • In this case first three codes 583 is city code and it represents city Koppal.
  • Next three characters 229 represents bank ICICI Bank.
  • Remaining characters which are 503 represents branch. In our case branch is located at address Icici Bank Ltd Dhanalaxmi Building Near Sbh Rgroad Karatagi 583229.

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.