MICR Code: 141049251

Bank: Federal Bank Ltd
IFSC Code: Fdrl0002058
MICR Code: 141049251
Address: No.223, Ward No.10 Chandigarh Road, Samrala
City: Ludhiana
District: Ludhiana
State: Punjab

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 141049251.

  • In this case first three codes 141 is city code and it represents city Ludhiana.
  • Next three characters 049 represents bank Federal Bank Ltd.
  • Remaining characters which are 251 represents branch. In our case branch is located at address No.223, Ward No.10 Chandigarh Road, Samrala.

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.