MICR Code: 501299502

Bank: ICICI Bank
IFSC Code: Icic0002367
MICR Code: 501299502
Address: Unit B004 Subishi Town Center Mokila Telengana 501203
City: Hyderabad
District: Hyderabad
State: Telangana

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 501299502.

  • In this case first three codes 501 is city code and it represents city Hyderabad.
  • Next three characters 299 represents bank ICICI Bank.
  • Remaining characters which are 502 represents branch. In our case branch is located at address Unit B004 Subishi Town Center Mokila Telengana 501203.

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.