1. Home
  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Federal Bank Ltd
  4. Chandigarh
  5. Raipur
  6. Raipur
  7. MICR: 492049003

MICR Code: 492049003

Bank: Federal Bank Ltd
IFSC Code: Fdrl0001945
MICR Code: 492049003
Address: 18/1421, New Shanti Nagar, Shankar Nagar P O,
City: Raipur
District: Raipur
State: Chandigarh

What is MICR Code?

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Details of MICR Code

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 492049003.

  • In this case first three codes 492 is city code and it represents city Raipur.
  • Next three characters 049 represents bank Federal Bank Ltd.
  • Remaining characters which are 003 represents branch. In our case branch is located at address 18/1421, New Shanti Nagar, Shankar Nagar P O,.

How to find micr code (for example 492049003) from bank account number?

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.