MICR Code: 581015540

Bank: Canara Bank
IFSC Code: Cnrb0000457
MICR Code: 581015540
Address: No.2065/2066, Kantesh Krupa,, Bazar Street, Shiggaon, Havery Dist, Karnataka - 581 206
City: Haveri
District: Shiggaon
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 581015540.

  • In this case first three codes 581 is city code and it represents city Haveri.
  • Next three characters 015 represents bank Canara Bank.
  • Remaining characters which are 540 represents branch. In our case branch is located at address No.2065/2066, Kantesh Krupa,, Bazar Street, Shiggaon, Havery Dist, Karnataka - 581 206.

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.