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Canara Bank Hyderabad Shah Ali Banda

Hyderabad Shah Ali Banda · Hyderabad, Telangana

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500015124

500015124 is the MICR code for the Hyderabad Shah Ali Banda branch of Canara Bank, located in Hyderabad, Telangana. 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 CNRB0013031.

Bank

Canara Bank

Branch & Address

Hyderabad Shah Ali Banda

20 4 194 by 7 Near Asha Talkies Shah Ali Banda Ap 500 265

Hyderabad, Hyderabad, Telangana

Codes for this Branch

MICR (cheques)

500015124

IFSC (online transfers)

CNRB0013031

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MICR Code Structure

500

City

015

Bank

124

Branch

City code 500 identifies the RBI clearing centre, bank code 015 identifies Canara Bank, and branch code 124 identifies this specific branch.

Online Payment Methods Supported

NEFT
RTGS
IMPS
UPI

Other Canara Bank branches near Hyderabad

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 (CNRB0013031) 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 500015124 is in the middle, and your account number is on the right.

View full branch details for IFSC CNRB0013031