MICR CODE | 641049015 |
---|---|
Bank | Federal Bank |
Branch | Pattanam |
IFSC Code | IFSC Code Federal Bank |
Address | No.4/1, Near Pattanam Bus Stop, Pattanam Main Road,coimbatore |
City | Pattanam |
State | Tamil Nadu |
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).