MICR Code: 400229042

Bank: ICICI Bank
IFSC Code: Icic0000334
MICR Code: 400229042
Address: Icici Bank Neel Avenue, Plot No 5, Sector 19, Panvel Matheran Road, New Panvel-410206┬Á410206┬Á
City: Raigad
District: Panvel
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 400229042.

  • In this case first three codes 400 is city code and it represents city Raigad.
  • Next three characters 229 represents bank ICICI Bank.
  • Remaining characters which are 042 represents branch. In our case branch is located at address Icici Bank Neel Avenue, Plot No 5, Sector 19, Panvel Matheran Road, New Panvel-410206┬Á410206┬Á.

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.