MICR Code: 508015203

Bank: Canara Bank
IFSC Code: Cnrb0006143
MICR Code: 508015203
Address: H No 1 4 220 A B Opp Balaji Grand Hotel Lane M G Road Suryapet Telangana 508213
City: Nalgonda
District: Suryapet
State: Telangana

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 508015203.

  • In this case first three codes 508 is city code and it represents city Nalgonda.
  • Next three characters 015 represents bank Canara Bank.
  • Remaining characters which are 203 represents branch. In our case branch is located at address H No 1 4 220 A B Opp Balaji Grand Hotel Lane M G Road Suryapet Telangana 508213.

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.