MICR Code: 575015050

Bank: Canara Bank
IFSC Code: Cnrb0003634
MICR Code: 575015050
Address: Canara Bank, R L Complex, Grama Chavadi, Phajeer Junction, Phajeer - 574 181, Bantwal Taluk, Dakshina Kannada Dist ( Karnataka)
City: Dakshin Kannad
District: Bantval
State: Karnataka

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 575015050.

  • In this case first three codes 575 is city code and it represents city Dakshin Kannad.
  • Next three characters 015 represents bank Canara Bank.
  • Remaining characters which are 050 represents branch. In our case branch is located at address Canara Bank, R L Complex, Grama Chavadi, Phajeer Junction, Phajeer - 574 181, Bantwal Taluk, Dakshina Kannada Dist ( Karnataka).

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.