MICR Code: 416015998
| Bank: Canara Bank |
| IFSC Code: Cnrb0003772 |
| MICR Code: 416015998 |
| Address: Canara Bank, House No 264 Main Chowk Post Washi Taluk Karveer Kolhapur Dist 416001 |
| City: Kolhapur |
| District: Kolhapur |
| 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 416015998.
- 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 998 represents branch. In our case branch is located at address Canara Bank, House No 264 Main Chowk Post Washi Taluk Karveer Kolhapur Dist 416001.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.