MICR Code: 493015508
| Bank: Canara Bank |
| IFSC Code: Cnrb0005423 |
| MICR Code: 493015508 |
| Address: Canara Bank Mrs Pratibhai Jain Padampur Road Saraipali Chattisgarh 493558 |
| City: Mahasamund |
| District: Saraipali |
| State: Chhattisgarh |
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 493015508.
- In this case first three codes 493 is city code and it represents city Mahasamund.
- Next three characters 015 represents bank Canara Bank.
- Remaining characters which are 508 represents branch. In our case branch is located at address Canara Bank Mrs Pratibhai Jain Padampur Road Saraipali Chattisgarh 493558.
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.