MICR Code: 516015102

Bank: Canara Bank
IFSC Code: Cnrb0001963
MICR Code: 516015102
Address: Sri. Vivekananda Wholesale, Cloth Market, Sri Vivekananda Rd Proddatur
City: Cuddapah
District: Proddatur
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 516015102.

  • In this case first three codes 516 is city code and it represents city Cuddapah.
  • Next three characters 015 represents bank Canara Bank.
  • Remaining characters which are 102 represents branch. In our case branch is located at address Sri. Vivekananda Wholesale, Cloth Market, Sri Vivekananda Rd Proddatur.

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.