Quick summary✔ RBI data Last synced · release v2.0.62
MICR code 500015150 belongs to Canara Bank, Sainikpuri College of Defence Management branch in Rangareddy, Telangana. The matching IFSC code is CNRB0013063.
How to read MICR 500015150
500: the city code. It usually follows the first digits of the area's PIN code; here it is Rangareddy.
015: the bank code, the same for every branch of Canara Bank in cheque clearing.
150: the branch code within that city and bank.
The MICR is printed in magnetic ink at the bottom of every cheque leaf, between the cheque number and your account ID. Clearing houses read it under the Cheque Truncation System (CTS) to route the cheque to the right branch. It is not needed for NEFT, RTGS, IMPS or UPI, which use the IFSC (CNRB0013063 for this branch).
Before you deposit or write a cheque
Check that the MICR on the cheque matches the branch printed at the top of the leaf.
Use a CTS-2010 cheque; older formats are no longer cleared.
Write in blue or black ink and do not overwrite on the MICR band; changes can make the cheque bounce.
Frequently asked questions
Which bank does MICR 500015150 belong to?
Canara Bank, Sainikpuri College of Defence Management branch (Rangareddy, Telangana).
What is the IFSC code for MICR 500015150?
CNRB0013063.
What do the digits of 500015150 mean?
500 is the city code, 015 the bank code and 150 the branch code.