ICICI Bank Bachawani
Bachawani · Hoshangabad, Madhya Pradesh
461229505 is the MICR code for the Bachawani branch of ICICI Bank, located in Hoshangabad, 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 ICIC0003036.
Bank
ICICI Bank
Branch & Address
Bachawani
ICICI Bank Ltd., Village Bachabani, Sub District Pipariya, District Narmadapuram, State Madhya Pradesh.461990
Hoshangabad, Piparia, Madhya Pradesh
Contact
+917344022307MICR Code Structure
461
City
229
Bank
505
Branch
City code 461 identifies the RBI clearing centre, bank code 229 identifies ICICI Bank, and branch code 505 identifies this specific branch.
Online Payment Methods Supported
Other ICICI Bank branches near Hoshangabad
Other banks in Hoshangabad, 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 (ICIC0003036) 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 461229505 is in the middle, and your account number is on the right.