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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Federal Bank Ltd
  4. Maharashtra
  5. Kothali
  6. Kolhapur
  7. MICR: 416049503

MICR Code: 416049503

Bank: Federal Bank Ltd
IFSC Code: Fdrl0001484
MICR Code: 416049503
Address: Nandre Building, Kupade Galli, Main Road Kothali , Kolhapur Dist, Maharashtra
City: Kolhapur
District: Kothali
State: Maharashtra

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 416049503.

  • In this case first three codes 416 is city code and it represents city Kolhapur.
  • Next three characters 049 represents bank Federal Bank Ltd.
  • Remaining characters which are 503 represents branch. In our case branch is located at address Nandre Building, Kupade Galli, Main Road Kothali , Kolhapur Dist, Maharashtra.

How to find micr code (for example 416049503) 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.