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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. RBL Bank Limited
  4. Maharashtra
  5. Sangli
  6. Sangli
  7. MICR: 416176503

MICR Code: 416176503

Bank: RBL Bank Limited
IFSC Code: Ratn0000015
MICR Code: 416176503
Address: The Ratnakar Bank Ltd,249, E Ward, Society Building, A/P: Nandre ┬Û 416 423. Taluka┬Á : Miraj, Dist.┬Á :┬Á Sangli.
City: Sangli
District: Sangli
State: Maharashtra

What is MICR Code?

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.

Details of MICR Code

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 416176503.

  • 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 503 represents branch. In our case branch is located at address The Ratnakar Bank Ltd,249, E Ward, Society Building, A/P: Nandre ┬Û 416 423. Taluka┬Á : Miraj, Dist.┬Á :┬Á Sangli..

How to find micr code (for example 416176503) from bank account number?

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.