MICR Code: 416176151

Bank: RBL Bank Limited
IFSC Code: Ratn0000003
MICR Code: 416176151
Address: The Ratnakar Bank Ltd, Ground Floor C.S No 1044, Sukh Shanti Heights, College Corner, Amrai Road, North Shivaji Nagar, Sangli - 416416
City: Sangli
District: Sangli
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 416176151.

  • In this case first three codes 416 is city code and it represents city Sangli.
  • Next three characters 176 represents bank RBL Bank Limited.
  • Remaining characters which are 151 represents branch. In our case branch is located at address The Ratnakar Bank Ltd, Ground Floor C.S No 1044, Sukh Shanti Heights, College Corner, Amrai Road, North Shivaji Nagar, Sangli - 416416.

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.