MICR Code: 416176502

Bank: RBL Bank Limited
IFSC Code: Ratn0000014
MICR Code: 416176502
Address: The Ratnakar Bank Ltd, Dakshin Bhag Bhilwadi Vikas Society Building, Bhilwadi ┬Û 416 303. Taluka: Palus, ┬ Ádist .: Sangli.
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 416176502.

  • 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 502 represents branch. In our case branch is located at address The Ratnakar Bank Ltd, Dakshin Bhag Bhilwadi Vikas Society Building, Bhilwadi ┬Û 416 303. Taluka: Palus, ┬ Ádist .: Sangli..

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.