MICR Code: 160015043

Bank: Canara Bank
IFSC Code: Cnrb0005884
MICR Code: 160015043
Address: Rana Market Lalru Mandi Dist Mohali Lalru Punjab 140501
City: Patiala
District: Lalru
State: Punjab

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 160015043.

  • In this case first three codes 160 is city code and it represents city Patiala.
  • Next three characters 015 represents bank Canara Bank.
  • Remaining characters which are 043 represents branch. In our case branch is located at address Rana Market Lalru Mandi Dist Mohali Lalru Punjab 140501.

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.