MICR Code: 480015505

Bank: Canara Bank
IFSC Code: Cnrb0006125
MICR Code: 480015505
Address: Wrd No 21, Opp Sai Mandri, Nr Bsnl Of Civil Court, Main Rd, Dist Chhindwara Parasia Madhya Pradesh 480557
City: Chhindwara
District: Parasia
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 480015505.

  • In this case first three codes 480 is city code and it represents city Chhindwara.
  • Next three characters 015 represents bank Canara Bank.
  • Remaining characters which are 505 represents branch. In our case branch is located at address Wrd No 21, Opp Sai Mandri, Nr Bsnl Of Civil Court, Main Rd, Dist Chhindwara Parasia Madhya Pradesh 480557.

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.