Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 581049352 belongs to Federal Bank, Bhatkal branch in Uttar Kannada, Karnataka. The matching IFSC code is FDRL0001986.
How to read MICR 581049352
581: the city code. It usually follows the first digits of the area's PIN code; here it is Uttar Kannada.
049: the bank code, the same for every branch of Federal Bank in cheque clearing.
352: 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 (FDRL0001986 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 581049352 belong to?
Federal Bank, Bhatkal branch (Uttar Kannada, Karnataka).
What is the IFSC code for MICR 581049352?
FDRL0001986.
What do the digits of 581049352 mean?
581 is the city code, 049 the bank code and 352 the branch code.
