MICR Code: 416229516

Bank: ICICI Bank
IFSC Code: Icic0002262
MICR Code: 416229516
Address: Icici Bank Ltd., Shri Basveshwar Dudh Sanstha, A/P Hitani - 416501, Gadhinglaj Taluka, Kolhapur Dist., Maharashtra
City: Kolhapur
District: Kolhapur
State: Maharashtra

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 416229516.

  • In this case first three codes 416 is city code and it represents city Kolhapur.
  • Next three characters 229 represents bank ICICI Bank.
  • Remaining characters which are 516 represents branch. In our case branch is located at address Icici Bank Ltd., Shri Basveshwar Dudh Sanstha, A/P Hitani - 416501, Gadhinglaj Taluka, Kolhapur Dist., Maharashtra.

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.