MICR Code: 160049011

Bank: Federal Bank Ltd
IFSC Code: Fdrl0001859
MICR Code: 160049011
Address: Desu Majra, Nh 21 Sant Waryam Singh Nagar Ward No. 4, Kharar
City: Moga
District: Mohali
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 160049011.

  • In this case first three codes 160 is city code and it represents city Moga.
  • Next three characters 049 represents bank Federal Bank Ltd.
  • Remaining characters which are 011 represents branch. In our case branch is located at address Desu Majra, Nh 21 Sant Waryam Singh Nagar Ward No. 4, Kharar.

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.