Canara Bank Niwari
Niwari · Tikamgarh, Madhya Pradesh
472015501 is the MICR code for the Niwari branch of Canara Bank, located in Tikamgarh, 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 CNRB0005921.
Bank
Canara Bank
Branch & Address
Niwari
Canara Bank Ward No.5 Main Road Civil Line in Front of Police Stn Niwari Niwari Madhya Pradesh 472442
Tikamgarh, Niwari, Madhya Pradesh
Contact
+918989216879MICR Code Structure
472
City
015
Bank
501
Branch
City code 472 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 Tikamgarh
Other banks in Tikamgarh, 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 (CNRB0005921) 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 472015501 is in the middle, and your account number is on the right.