MICR Code: 570049003

Bank: Federal Bank Ltd
IFSC Code: Fdrl0001689
MICR Code: 570049003
Address: No. D 3, Leo Madhurya, Adi Pampa Road Near Mathrumandali Circle, Vanivilas Mohalla
City: Mysore
District: Mysore
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 570049003.

  • In this case first three codes 570 is city code and it represents city Mysore.
  • Next three characters 049 represents bank Federal Bank Ltd.
  • Remaining characters which are 003 represents branch. In our case branch is located at address No. D 3, Leo Madhurya, Adi Pampa Road Near Mathrumandali Circle, Vanivilas Mohalla.

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.