MICR Code Of Federal Bank Bhanegaon, Nagpur, Maharashtra

MICR CODE 441049501
Bank Federal Bank
Branch Bhanegaon
IFSC Code IFSC Code Federal Bank
Address New Bina Ward No 2 Bahnegaon P O , Khaperkeda, Taluka Saoner, Nagpur Maharashtra 441102
City Nagpur
State Maharashtra

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What is a MICR Code?

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).