What is the meaning of "INWARD MICR ZONE – 1" in ICICI Online banking account statement. It’s nothing but it mean you have given a cheque as a payment or as a contract base. And deduction from your account indicated only debited amount.
If you get payment cheque and pay at your bank then in will not include in Inward Micr Zone-1. Just Debited cheques are included in Inward Micr Zone-1.