MICR Code: 457229501

Bank: ICICI Bank
IFSC Code: Icic0006563
MICR Code: 457229501
Address: Ratan Plaza, 234, Jagdevgomji, Alote - 457144
City: Ratlam
District: Allot
State: Madhya 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 457229501.

  • In this case first three codes 457 is city code and it represents city Ratlam.
  • Next three characters 229 represents bank ICICI Bank.
  • Remaining characters which are 501 represents branch. In our case branch is located at address Ratan Plaza, 234, Jagdevgomji, Alote - 457144.

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.