MICR Code: 422049002

Bank: Federal Bank Ltd
IFSC Code: Fdrl0001286
MICR Code: 422049002
Address: P B No. 16 Surgana House Compound Nasik
City: Nasik
District: Nasik
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 422049002.

  • In this case first three codes 422 is city code and it represents city Nasik.
  • Next three characters 049 represents bank Federal Bank Ltd.
  • Remaining characters which are 002 represents branch. In our case branch is located at address P B No. 16 Surgana House Compound Nasik.

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.