MICR Code: 691049106

Bank: Federal Bank Ltd
IFSC Code: Fdrl0001731
MICR Code: 691049106
Address: Oppo. Ioc Petrol Pump, Ambadi Building, Ayur Po, Kollam Dist.
City: Kollam
District: Ayur
State: Kerala

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 691049106.

  • In this case first three codes 691 is city code and it represents city Kollam.
  • Next three characters 049 represents bank Federal Bank Ltd.
  • Remaining characters which are 106 represents branch. In our case branch is located at address Oppo. Ioc Petrol Pump, Ambadi Building, Ayur Po, Kollam Dist..

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.