INWARD MICR ZONE 1 – ICICI Bank Statement

INWARD MICR ZONE ICICI

Sometimes you may see “INWARD MICR ZONE – 1″ in your ICICI Online banking account statement. INWARD MICR ZONE refers to a cheque as a payment or as a contract base you might have made.

Debited cheques are included in Inward Micr Zone-1 of ICICI Bank Statement.

28 Responses to “INWARD MICR ZONE 1 – ICICI Bank Statement”

  1. Gayetri Misra says:

    Hi,
    Have just got SMS saying Rs.15000/- has been debited to my account by a cheque no.201693. Can I know in whose favour was the cheque drawn since I dont remember having given any cheque to anyone for that amount.

    Regards,
    Gayetri Misra

  2. Nimesh says:

    Why the Statement Shows Inward MICR Zone 1 instead of the person’s on whose name the cheque is Debited. It creates wrong impression in the person’s mind. Can’t the ICICI Bank understand that? Reply at nimeshb25@rediffmail.com

  3. Navnit says:

    Why the Statement Shows Inward MICR Zone 1 instead of the person’s on whose name the cheque is Debited.cheque no-636061 icici

  4. Nimesh B. says:

    Why the Statement Shows Inward MICR Zone 1 instead of the person’s on whose name the cheque is Debited. It creates wrong impression in the person’s mind. Can’t the ICICI Bank understand that? Reply at nimeshb25@rediffmail.com. Moreover, the Statement shows the Withdrawal in Advance even before other Bank have given the Credit.

  5. Anita sinha says:

    Why the Statement Shows Inward MICR Zone 1 instead of the person’s on whose name the cheque is Debited. It creates wrong impression in the person’s mind. Can’t the ICICI Bank understand that REPLY ON anita_sinha72@yahoo.com

  6. siddharth says:

    this is quite bizzare….
    if i did n’t google it i never come to know…what the **** is….
    at least put some refrence over there…

  7. pankaj kumar says:

    what is this INWARD MICR ZONE 1? I don’t know why but its take some money from my account every month . It was fine till last time because the money debited is Rs 125/ only but this time it took out Rs 1889/- . where this money is going. Can u please explain to me.

    • indicaster says:

      Pankaj, are you issuing any cheques to anyone monthly? If yes, it’s that checque. If no, you need to report to ICICI, someone seems to be stealing your money using your cheques.

  8. Bob Nath says:

    This comes when you see mini statement. Look at detailed statement and you can see payee’s name and cheque number. Thanks.

  9. shivendra says:

    Hi
    I have just got sms is saying Rs.6,128.00 has been debited to my a/c ny cheque no. 16869 can i know in whose
    Favour cheque was drawn.

  10. SRIMURUGAN says:

    The cheque is currently the most visible and significant mode of payment in India. In view of the importance of cheque to the retail segment, Magnetic Ink Character Recognition (MICR) technology was introduced by the Reserve Bank of India. MICR technology enabled the banking system to handle the growth in the cheque volumes and to provide faster and efficient clearing services to customers and to do straight through processing using MICR data. Over a period of two decades, a number of MICR Clearing Houses have evolved.

  11. RAJA G says:

    I have just got SMS from my ICICIC A/C debited with14335 Rs against INWARD MICR ZONE -1.The cheque no 90965.Please reply to me I have given cheque for LIC of India but statement showing like that. Let mw know what is the status of this pls?

  12. Anurag says:

    I also made a cheque towards my bank loan paymnet to some other bank from ICICI on Saturday. Today on Monday I got an sms regarding debited against INWARD MICR ZONE -1 cheque no-******. It made lots of confusion.. It should not be work like this.

  13. Surendra Singh says:

    Hi,
    Have just got SMS saying Rs.5618/- has been debited to my account by a cheque no.61425. Can I know in whose favour was the cheque drawn since I dont remember having given any cheque to anyone for that amount.
    Pls revert on ssdanu@gmail.com

    Regards,
    Surendra Singh

  14. Vidu mishra says:

    Nothing to worry. If you view the detailed statement , everything is mentioned in it- cheque number,name ,amount ,date..

  15. Aarti V.S says:

    ICICI Bank should also mention the name of the person/company/institution against whom the cheque is debited other than the details like number,amount, Inward MICR ZONE etc in their SMS’s.Kindly note that this will reduce lots of anxiety and confusion especially for the first timers who receive such messages.

  16. equifax credit score range says:

    It�s really a great and helpful piece of information. I am glad that you shared this useful information with us. Please keep us informed like this. Thanks for sharing.

  17. Dr J L Meena says:

    Why the Statement Shows Inward MICR Zone 1 instead of the person’s on whose name the cheque is Debited. It creates wrong impression in the person’s mind. Can’t the ICICI Bank understand that? Reply at drjlmeena@gmail.com Moreover, the Statement shows the Withdrawal in Advance even before other Bank have given the Credit.

  18. rajeev singh says:

    in my mini statement there is cash withdrawal of 8000 rupees and it is written there inward micr . what does that mean?

  19. Rajesh K Singh says:

    This is bizzare, I am sick of your bank. Lot of confusion. I wrote two checks one of them cleared and other or not.

  20. chetana says:

    Hi,
    Have just got SMS saying Rs.9608/- has been
    debited against INWARD MICR ZONE -1 BY cheque
    from my account . Can I know in whose favour was the cheque drawn since I dont remember having given any cheque to anyone for that amount.

    Regards,
    Gayetri Misra

  21. Sunil says:

    why bank is creating confusion ? when someone is issuing cheque clearly mentioning the name.
    I given cheque of 5Lacs to land developer earlier but got SMS that the same has been deposited on account of MICR ZONE-1………………..how one can understand…..Bank should be keep transperency….

  22. Sibin says:

    Even in detailed i am unable to find the person on whose name the cheque is Debited

  23. Sibin says:

    Even in detailed statement i am unable to find the person on whose name the cheque is Debited

  24. MKS Dri says:

    While RBI has been introducing new guidelines to reduce the burden from banks on common man, these guys comesout with some ***** method of milking the customer!!!! Why should any customer be charged extra Rs 100 or more for having submitted some othe bank’s cheque to the customer’s account???

  25. krishnakumar says:

    what is INWARD MICR ZONE 1 . my account has been debited with 2000 without my knowledge. please let me know

  26. Mohankumar.P.L says:

    Hi,
    Have just got SMS saying Rs.7150/- has been debited to my account by a cheque no493683. Can I know in whose favour was the cheque drawn since I dont remember having given any cheque to anyone for that amount.
    Regards,
    Mohankumar.P.L

  27. dhan says:

    wow, thanks for putting there so many cheque numbers with your name and amount . :)

    and you say icici bank is dumb!

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