Canara Bank Basari
Basari · Chhatarpur, Madhya Pradesh
471015501 is the MICR code for the Basari branch of Canara Bank, located in Chhatarpur, 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 CNRB0001915.
Bank
Canara Bank
Branch & Address
Basari
R.j.nagar Block, Village & Post Basari , Chattarpur Dist (m P) 471 105
Chhatarpur, Basari, Madhya Pradesh
Contact
+917686281225MICR Code Structure
471
City
015
Bank
501
Branch
City code 471 identifies the RBI clearing centre, bank code 015 identifies Canara Bank, and branch code 501 identifies this specific branch.
Online Payment Methods Supported
Other Canara Bank branches near Chhatarpur
Other banks in Chhatarpur, 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 (CNRB0001915) 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 471015501 is in the middle, and your account number is on the right.