MICR Code: 400049023

Bank: Federal Bank Ltd
IFSC Code: Fdrl0001619
MICR Code: 400049023
Address: Sagar Pallazio, Shop No.8 & 19, Andheri Kurla Road, Sakinaka Junction, Mumbai .
City: Mumbai Suburban
District: Mumbai
State: Maharashtra

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 400049023.

  • In this case first three codes 400 is city code and it represents city Mumbai Suburban.
  • Next three characters 049 represents bank Federal Bank Ltd.
  • Remaining characters which are 023 represents branch. In our case branch is located at address Sagar Pallazio, Shop No.8 & 19, Andheri Kurla Road, Sakinaka Junction, Mumbai ..

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.