Canara Bank Mungaoli
Mungaoli · Ashok Nagar, Madhya Pradesh
470015505 is the MICR code for the Mungaoli branch of Canara Bank, located in Ashok Nagar, Madhya Pradesh. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code CNRB0005975.
Bank
Canara Bank
Branch & Address
Mungaoli
Canara Bank Infront of Public Health Engg Office Station Road, Mungaoli Dist Ashoknagar Madhya Pradesh 473443
Ashok Nagar, Mungaoli, Madhya Pradesh
Contact
+919926675558MICR Code Structure
470
City
015
Bank
505
Branch
City code 470 identifies the RBI clearing centre, bank code 015 identifies Canara Bank, and branch code 505 identifies this specific branch.
Online Payment Methods Supported
Other Canara Bank branches near Ashok Nagar
Other banks in Ashok Nagar, Madhya Pradesh
About MICR Codes
What is a MICR code used for?
MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.
MICR vs IFSC — when do I use which?
Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (CNRB0005975) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.
Where is the MICR code on a cheque?
The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 470015505 is in the middle, and your account number is on the right.