Federal Bank Vasco
Vasco · Goa, Goa
403049007 is the MICR code for the Vasco branch of Federal Bank, located in Goa, Goa. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code FDRL0001940.
Bank
Federal Bank
Branch & Address
Vasco
Shop no 8 Muncipal H no 14/118/a (8), Ground Floor, Hotel La Paz Gardens Building, Swatantra Path Vasco Da Gama, Goa 403802
Goa, Vasco, Goa
Contact
+918322500764MICR Code Structure
403
City
049
Bank
007
Branch
City code 403 identifies the RBI clearing centre, bank code 049 identifies Federal Bank, and branch code 007 identifies this specific branch.
Online Payment Methods Supported
Other Federal Bank branches near Goa
Other banks in Goa, Goa
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (FDRL0001940) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 403049007 is in the middle, and your account number is on the right.