MICR Code: 590049005

Bank: Federal Bank Ltd
IFSC Code: Fdrl0001960
MICR Code: 590049005
Address: Room No. A4, Mangirish Building Opp. Municipal Bus Stand , Belgaum District
City: Belgaum
District: Khanapur
State: Karnataka

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.

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 590049005.

  • In this case first three codes 590 is city code and it represents city Belgaum.
  • Next three characters 049 represents bank Federal Bank Ltd.
  • Remaining characters which are 005 represents branch. In our case branch is located at address Room No. A4, Mangirish Building Opp. Municipal Bus Stand , Belgaum District.

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.