Canara Bank Nandyal Ngo Colony
Nandyal Ngo Colony · Kurnool, Andhra Pradesh
518015103 is the MICR code for the Nandyal Ngo Colony branch of Canara Bank, located in Kurnool, Andhra 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 CNRB0006607.
Bank
Canara Bank
Branch & Address
Nandyal Ngo Colony
Canara Bank Survey no 396/a1a2, Ngo Colony Main Road, Nandyal Nandyal, Kurnool District Andhra Pradesh 518501
Kurnool, Nandyal, Andhra Pradesh
Contact
+919999999999MICR Code Structure
518
City
015
Bank
103
Branch
City code 518 identifies the RBI clearing centre, bank code 015 identifies Canara Bank, and branch code 103 identifies this specific branch.
Online Payment Methods Supported
Other Canara Bank branches near Kurnool
Other banks in Kurnool, Andhra 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 (CNRB0006607) 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 518015103 is in the middle, and your account number is on the right.