Canara Bank Sankar Nagar
Sankar Nagar · Madurai, Tamil Nadu
627015057 is the MICR code for the Sankar Nagar branch of Canara Bank, located in Madurai, Tamil Nadu. 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 CNRB0004264.
Bank
Canara Bank
Branch & Address
Sankar Nagar
Canara Bank 236, Karuppaswamy Illam Tenkalam Rd Narayana Nagar Sankar Nager Tamil Nadu 627357
Madurai, Madurai, Tamil Nadu
Contact
+911234567890MICR Code Structure
627
City
015
Bank
057
Branch
City code 627 identifies the RBI clearing centre, bank code 015 identifies Canara Bank, and branch code 057 identifies this specific branch.
Online Payment Methods Supported
Other Canara Bank branches near Madurai
Other banks in Madurai, Tamil Nadu
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 (CNRB0004264) 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 627015057 is in the middle, and your account number is on the right.