Federal Bank Kondayampalayam
Kondayampalayam · Erode, Tamil Nadu
638049013 is the MICR code for the Kondayampalayam branch of Federal Bank, located in Erode, Tamil Nadu. 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 FDRL0002322.
Bank
Federal Bank
Branch & Address
Kondayampalayam
No 127-1, Kaatuvalavu, Valampuri Vinayagar Nagar, Kondayampalayam, Erode District, Tamil Nadu-638505
Erode, Erode, Tamil Nadu
Contact
+919677504494MICR Code Structure
638
City
049
Bank
013
Branch
City code 638 identifies the RBI clearing centre, bank code 049 identifies Federal Bank, and branch code 013 identifies this specific branch.
Online Payment Methods Supported
Other Federal Bank branches near Erode
Other banks in Erode, Tamil Nadu
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 (FDRL0002322) 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 638049013 is in the middle, and your account number is on the right.