Fedral Bank Noida Gautam Bodda Nagar Uttar Pradesh MICR CODE

Find MICR Codes for Fedral Bank Noida Gautam Bodda Nagar Uttar Pradesh

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MICR Code
Bank Federal Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Noida
Contact Prabhat Kumar Patney, E Mail:Nda@federalbank.Co.In Ph No.: 0120-2411222(Cm)
Bank Details Federal Bank Ltd Noida FDRL0001340
Location Noida, Gautam Bodda Nagar
City Noida
District Gautam Bodda Nagar
State Uttar Pradesh
Pincode 201301
Country IN
Address Federal towers, h-362, shopping complex, sector 22, noida, gautam buddha nagar, uttar pradesh, 201 301, uttar pradesh
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 110049006 for Noida branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 110049006 of Federal Bank, Noida branch makes the system almost error free and faster. Use of Federal Bank MICR codes for Noida branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Federal Bank Ltd are available with micr code -

>>Noida

MICR code for Fedral Bank Noida

Fedral Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Federal Bank MICR code for Noida is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 110049006 is the MICR code of Fedral Bank for Noida branch. MICR code for Noida branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Federal Bank Noida is presented in the table alongside.

Use of Federal Bank MICR code for Noida branch in noida

The MICR code 110049006 is used in RBI cheque clearing process to identify the branch Noida and Federal Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Fedral Bank is typically in either of these two font’s: E-138 and CMC-7.

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