| MICR CODE | 590049002 |
|---|---|
| Bank | Federal Bank |
| Branch | Belgaum City |
| IFSC Code | IFSC Code Federal Bank |
| Address | Venkatesh Anugrah Complex, H. No.1414, Baswan Galli, Belgaum |
| City | Belgaum |
| State | Karnataka |
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Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.
MICR code is a code printed on checks using MICR (Magnetic Ink Character Recognition) technology. The purpose of this code is to identify the cheques and which means faster processing. A MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).