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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Federal Bank Ltd
  4. Karnataka
  5. Kadaba
  6. Dakshina Kannada
  7. MICR: 575049501

MICR Code: 575049501

Bank: Federal Bank Ltd
IFSC Code: Fdrl0002012
MICR Code: 575049501
Address: Ground Floor, Anugraha Complex Main Road, Dakshina Kannada District
City: Dakshina Kannada
District: Kadaba
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 575049501.

  • In this case first three codes 575 is city code and it represents city Dakshina Kannada.
  • Next three characters 049 represents bank Federal Bank Ltd.
  • Remaining characters which are 501 represents branch. In our case branch is located at address Ground Floor, Anugraha Complex Main Road, Dakshina Kannada District.

How to find micr code (for example 575049501) 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.