MICR Code: 574049302

Bank: Federal Bank Ltd
IFSC Code: Fdrl0001900
MICR Code: 574049302
Address: Shreyas Complex, Main Road, Sullya D. Kannada
City: Sullya
District: Sullya
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 574049302.

  • In this case first three codes 574 is city code and it represents city Sullya.
  • Next three characters 049 represents bank Federal Bank Ltd.
  • Remaining characters which are 302 represents branch. In our case branch is located at address Shreyas Complex, Main Road, Sullya D. Kannada.

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.