MICR Code: 524015003

Bank: Canara Bank
IFSC Code: Cnrb0002844
MICR Code: 524015003
Address: Plot No.468/B, Kings Court, Main Road, Magunta Layout, Nellore, (A.P.)
City: Nellore
District: Nellore
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 524015003.

  • In this case first three codes 524 is city code and it represents city Nellore.
  • Next three characters 015 represents bank Canara Bank.
  • Remaining characters which are 003 represents branch. In our case branch is located at address Plot No.468/B, Kings Court, Main Road, Magunta Layout, Nellore, (A.P.).

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.