MICR Code: 501229102
| Bank: ICICI Bank |
| IFSC Code: Icic0003798 |
| MICR Code: 501229102 |
| Address: Icici Bank Limited D No 3-7-90-12 Near Shantha Mahal Theatre Tandur 501141 |
| City: Rangareddy |
| District: Tandur |
| 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 501229102.
- In this case first three codes 501 is city code and it represents city Rangareddy.
- Next three characters 229 represents bank ICICI Bank.
- Remaining characters which are 102 represents branch. In our case branch is located at address Icici Bank Limited D No 3-7-90-12 Near Shantha Mahal Theatre Tandur 501141.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.