MICR Code: 411049003

Bank: Federal Bank Ltd
IFSC Code: Fdrl0001500
MICR Code: 411049003
Address: Nirmal Plaza, Ground Floor Opp. Vanaz Industries, Paud Road, Kothrud
City: Pune
District: Pune
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 411049003.

  • In this case first three codes 411 is city code and it represents city Pune.
  • Next three characters 049 represents bank Federal Bank Ltd.
  • Remaining characters which are 003 represents branch. In our case branch is located at address Nirmal Plaza, Ground Floor Opp. Vanaz Industries, Paud Road, Kothrud.

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.