MICR Code: 416015502

Bank: Canara Bank
IFSC Code: Cnrb0001905
MICR Code: 416015502
Address: Po Kisrul, Via Kale, , Taluk Panhala, Dist Kolhapur ( Maharashtra) - Pin 416 205
City: Kolhapur
District: Kisrul
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 416015502.

  • 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 502 represents branch. In our case branch is located at address Po Kisrul, Via Kale, , Taluk Panhala, Dist Kolhapur ( Maharashtra) - Pin 416 205.

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.