MICR Code: 581229102

Bank: ICICI Bank
IFSC Code: Icic0002816
MICR Code: 581229102
Address: Icici Bank Ltd., Balaji Commercial, Ashok Nagar Main Road, Ranebennur ┬Û 581115
City: Haveri
District: Ranebennur
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 581229102.

  • In this case first three codes 581 is city code and it represents city Haveri.
  • Next three characters 229 represents bank ICICI Bank.
  • Remaining characters which are 102 represents branch. In our case branch is located at address Icici Bank Ltd., Balaji Commercial, Ashok Nagar Main Road, Ranebennur ┬Û 581115.

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.