ICICI Bank Khandwa
Khandwa · Sehore, Madhya Pradesh
450229101 is the MICR code for the Khandwa branch of ICICI Bank, located in Sehore, Madhya Pradesh. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code ICIC0000944.
Bank
ICICI Bank
Branch & Address
Khandwa
ICICI Bank Ltd., Ug.3.4, Landmark One, Pandhana Road, Khandwa, Madhya Pradesh.450001
Sehore, Khandwa, Madhya Pradesh
Contact
+918349991827MICR Code Structure
450
City
229
Bank
101
Branch
City code 450 identifies the RBI clearing centre, bank code 229 identifies ICICI Bank, and branch code 101 identifies this specific branch.
Online Payment Methods Supported
Other ICICI Bank branches near Sehore
Other banks in Sehore, Madhya Pradesh
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (ICIC0000944) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 450229101 is in the middle, and your account number is on the right.