MICR code
403049002
Federal Bank, Panaji
- Bank
- Federal Bank
- Branch
- Panaji
- IFSC
- FDRL0001352
- Address
- DAYANAND SMRUTI, SWAMI VIVEKANANDA ROAD, PANAJI GOA 403001
- City
- Panaji
- District
- Panaji
- State
- Goa
- City code
- 403
- Bank code
- 049
- Branch code
- 002
- Home
- MICR search
- 403049002
MICR code · Panaji
MICR code 403049002
✔ Verified in RBI list
How to read MICR 403049002
- 403: the city code. It usually follows the first digits of the area's PIN code; here it is Panaji.
- 049: the bank code, the same for every branch of Federal Bank in cheque clearing.
- 002: 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 (FDRL0001352 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 403049002 belong to?
Federal Bank, Panaji branch (Panaji, Goa).
What is the IFSC code for MICR 403049002?
FDRL0001352.
What do the digits of 403049002 mean?
403 is the city code, 049 the bank code and 002 the branch code.