MICR Code: 700049014
| Bank: Federal Bank Ltd |
| IFSC Code: Fdrl0001623 |
| MICR Code: 700049014 |
| Address: Ground Floor, Gate No: 2, Poddar Court, 18, Rabindra Sarani, Kolkata-700001 |
| City: Kolkata |
| District: Kolkata |
| State: West Bengal |
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 700049014.
- In this case first three codes 700 is city code and it represents city Kolkata.
- Next three characters 049 represents bank Federal Bank Ltd.
- Remaining characters which are 014 represents branch. In our case branch is located at address Ground Floor, Gate No: 2, Poddar Court, 18, Rabindra Sarani, Kolkata-700001.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.