MICR Code: 481015101

Bank: Canara Bank
IFSC Code: Cnrb0004115
MICR Code: 481015101
Address: Canara Bank Ashirwad Bhawan Nehru Smarak Civil Line Mandla Madhya Pradesh 481661
City: Mandla
District: Mandla
State: Madhya 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 481015101.

  • In this case first three codes 481 is city code and it represents city Mandla.
  • Next three characters 015 represents bank Canara Bank.
  • Remaining characters which are 101 represents branch. In our case branch is located at address Canara Bank Ashirwad Bhawan Nehru Smarak Civil Line Mandla Madhya Pradesh 481661.

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.