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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Federal Bank Ltd
  4. Maharashtra
  5. Miraj
  6. Sangli
  7. MICR: 416049153

MICR Code: 416049153

Bank: Federal Bank Ltd
IFSC Code: Fdrl0001493
MICR Code: 416049153
Address: Shaniwarpeth, Near Maidan Datta Mandir Sangli Dist, Maharashtra
City: Sangli
District: Miraj
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 416049153.

  • In this case first three codes 416 is city code and it represents city Sangli.
  • Next three characters 049 represents bank Federal Bank Ltd.
  • Remaining characters which are 153 represents branch. In our case branch is located at address Shaniwarpeth, Near Maidan Datta Mandir Sangli Dist, Maharashtra.

How to find micr code (for example 416049153) 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.