MICR Code: 416015202

Bank: Canara Bank
IFSC Code: Cnrb0008529
MICR Code: 416015202
Address: Canara Bank 12/427 Bhavani Tower, Shahu Corner Ichalkaranji 416115 Taluk- Hatkanangale Dist- Kolhapur Maharashtra
City: Kolhapur
District: Ichalkarnji
State: Maharashtra

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 416015202.

  • In this case first three codes 416 is city code and it represents city Kolhapur.
  • Next three characters 015 represents bank Canara Bank.
  • Remaining characters which are 202 represents branch. In our case branch is located at address Canara Bank 12/427 Bhavani Tower, Shahu Corner Ichalkaranji 416115 Taluk- Hatkanangale Dist- Kolhapur Maharashtra.

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.