ICICI Bank Mahishmati Nagrik Sahakari Bank
Mahishmati Nagrik Sahakari Bank · Mandla, Madhya Pradesh
481563001 is the MICR code for the Mahishmati Nagrik Sahakari Bank branch of ICICI Bank, located in Mandla, 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 ICIC00MMNSB.
Bank
ICICI Bank
Branch & Address
Mahishmati Nagrik Sahakari Bank
Dr.ambedkar Ward Chilman Chowk Mandla 481661
Mandla, Mandala, Madhya Pradesh
Contact
+919425164474MICR Code Structure
481
City
563
Bank
001
Branch
City code 481 identifies the RBI clearing centre, bank code 563 identifies ICICI Bank, and branch code 001 identifies this specific branch.
Online Payment Methods Supported
Other ICICI Bank branches near Mandla
Other banks in Mandla, 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 (ICIC00MMNSB) 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 481563001 is in the middle, and your account number is on the right.