MICR code
416049101
Federal Bank, Miraj
- Bank
- Federal Bank
- Branch
- Miraj
- IFSC
- FDRL0001493
- Address
- SHANIWARPETH,NEAR MAIDAN DATTA MANDIR SANGLI DIST,MAHARASHTRA
- City
- Sangli
- District
- Miraj
- State
- Maharashtra
- City code
- 416
- Bank code
- 049
- Branch code
- 101
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- 416049101
MICR code · Sangli
MICR code 416049101
✔ Verified in RBI list
How to read MICR 416049101
- 416: the city code. It usually follows the first digits of the area's PIN code; here it is Sangli.
- 049: the bank code, the same for every branch of Federal Bank in cheque clearing.
- 101: the branch code within that city and bank.
The MICR is printed in magnetic ink at the bottom of every cheque leaf, between the cheque number and your account ID. Clearing houses read it under the Cheque Truncation System (CTS) to route the cheque to the right branch. It is not needed for NEFT, RTGS, IMPS or UPI, which use the IFSC (FDRL0001493 for this branch).
Before you deposit or write a cheque
- Check that the MICR on the cheque matches the branch printed at the top of the leaf.
- Use a CTS-2010 cheque; older formats are no longer cleared.
- Write in blue or black ink and do not overwrite on the MICR band; changes can make the cheque bounce.
Frequently asked questions
Which bank does MICR 416049101 belong to?
Federal Bank, Miraj branch (Sangli, Maharashtra).
What is the IFSC code for MICR 416049101?
FDRL0001493.
What do the digits of 416049101 mean?
416 is the city code, 049 the bank code and 101 the branch code.