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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Federal Bank Ltd
  4. Karnataka
  5. Haveri
  6. Haveri
  7. MICR: 581049102

MICR Code: 581049102

Bank: Federal Bank Ltd
IFSC Code: Fdrl0002111
MICR Code: 581049102
Address: Gungadatti Building, Opp. Keb Office Pb Road, Ranibennur
City: Haveri
District: Haveri
State: Karnataka

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 581049102.

  • In this case first three codes 581 is city code and it represents city Haveri.
  • Next three characters 049 represents bank Federal Bank Ltd.
  • Remaining characters which are 102 represents branch. In our case branch is located at address Gungadatti Building, Opp. Keb Office Pb Road, Ranibennur.

How to find micr code (for example 581049102) 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.