FEDERAL BANK, Daman

MICR Codes for other Branches of Federal Bank In "Daman"

MICR Code for FEDERAL BANKDaman And Diu

The MICR code for a FEDERAL BANK is a machine readable code that is used for processing and clearance of cheques. The code helps to identify the bank branch to which the cheque belongs. It is used when cheque goes for clearing, where the magnetic reader reads the code and it gets sorted automatically. This code speeds up the clearance process.

The MICR code for FEDERAL BANK is printed on the bottom of every cheque leaf of the FEDERAL BANK.

Decoding-396049131

396049131 the MICR code of FEDERAL BANK,DamanDaman And Diu.

• The first 3 characters, i.e. 396 is the first three characters of PIN (Postal Index Number)
• The next three characters, i.e. 049 depicts the bank number of FEDERAL BANK
• The last three charters, i.e. 131 depicts theDaman ofDaman.

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