MICR Code: 415816151

Bank: ICICI Bank
IFSC Code: Icic00smsbl
MICR Code: 415816151
Address: Mudhoji Manmohan Rajwada Parisar, Phaltan ┬Û 415523 , Dist Satara, Maharashtra
City: Satara
District: Phaltan
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 415816151.

  • In this case first three codes 415 is city code and it represents city Satara.
  • Next three characters 816 represents bank ICICI Bank.
  • Remaining characters which are 151 represents branch. In our case branch is located at address Mudhoji Manmohan Rajwada Parisar, Phaltan ┬Û 415523 , Dist Satara, 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.