MICR Code: 23122011

Bank: ICICI Bank
IFSC Code: Icic0001858
MICR Code: 23122011
Address: Icici Bank Ltd, More Bazar, Gandhi Market, Maharaja Bada, Gwalior, Madhya Pradesh ┬Û 474009.
City: Gwalior
District: Gwalior
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 23122011.

  • In this case first three codes 231 is city code and it represents city Gwalior.
  • Next three characters 220 represents bank ICICI Bank.

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.