MICR Code: 470176001

Bank: RBL Bank Limited
IFSC Code: Ratn0000160
MICR Code: 470176001
Address: Ground Floor, Khasra No.174.21,174.23 Patwari Halka No.72, Makronia, Madhya Pradesh 470001.
City: Sagar
District: Sagar
State: Madhya Pradesh

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 470176001.

  • In this case first three codes 470 is city code and it represents city Sagar.
  • Next three characters 176 represents bank RBL Bank Limited.
  • Remaining characters which are 001 represents branch. In our case branch is located at address Ground Floor, Khasra No.174.21,174.23 Patwari Halka No.72, Makronia, Madhya Pradesh 470001..

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.