ICICI Bank Palladam, Tamil Nadu
Palladam, Tamil Nadu · Coimbatore, Tamil Nadu
641229106 is the MICR code for the Palladam, Tamil Nadu branch of ICICI Bank, located in Coimbatore, Tamil Nadu. 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 ICIC0001551.
Bank
ICICI Bank
Branch & Address
Palladam, Tamil Nadu
ICICI Bank Ltd., No.55, Chettipalayam Road, Palladam, Coimbatore District, Tamil Nadu.641664
Coimbatore, Palladam, Tamil Nadu
Contact
+919500063764MICR Code Structure
641
City
229
Bank
106
Branch
City code 641 identifies the RBI clearing centre, bank code 229 identifies ICICI Bank, and branch code 106 identifies this specific branch.
Online Payment Methods Supported
Other ICICI Bank branches near Coimbatore
Other banks in Coimbatore, Tamil Nadu
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 (ICIC0001551) 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 641229106 is in the middle, and your account number is on the right.