MICR Code: 415229533

Bank: ICICI Bank
IFSC Code: Icic0003127
MICR Code: 415229533
Address: A/P. Surur Taluka Wai Dist Satara 415517
City: Satara
District: Wai
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 415229533.

  • In this case first three codes 415 is city code and it represents city Satara.
  • Next three characters 229 represents bank ICICI Bank.
  • Remaining characters which are 533 represents branch. In our case branch is located at address A/P. Surur Taluka Wai Dist Satara 415517.

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.