MICR Code: 577015577

Bank: Canara Bank
IFSC Code: Cnrb0000561
MICR Code: 577015577
Address: Sri Maltesh Nilaya, Honnali Road, Holalur, Dist Shimoga ( Karnataka) 577216
City: Shimoga
District: Holalur
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 577015577.

  • In this case first three codes 577 is city code and it represents city Shimoga.
  • Next three characters 015 represents bank Canara Bank.
  • Remaining characters which are 577 represents branch. In our case branch is located at address Sri Maltesh Nilaya, Honnali Road, Holalur, Dist Shimoga ( Karnataka) 577216.

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.