MICR Code: 509015204
| Bank: Canara Bank |
| IFSC Code: Cnrb0003992 |
| MICR Code: 509015204 |
| Address: H No. 5-22, Chinchode Village, Faruknagar Mandal, Mahabubnagar Dist. Pin 509 410, Andhra Pradesh |
| City: Mahbubnagar |
| District: Farooqnagar |
| State: Andhra Pradesh |
MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.
Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.
Let's decode MICR code 509015204.
- In this case first three codes 509 is city code and it represents city Mahbubnagar.
- Next three characters 015 represents bank Canara Bank.
- Remaining characters which are 204 represents branch. In our case branch is located at address H No. 5-22, Chinchode Village, Faruknagar Mandal, Mahabubnagar Dist. Pin 509 410, Andhra Pradesh.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.