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It is very important to find MICR code 505015523 of correct branch before initiating a NEFT or RTGS or IMPS transfer. Though all banks will have a mechanism to verify the MICR Code, Bank Branch, Account Type and Name and any mismatch will result in failed transaction!
The best and simplest place to verify 505015523 MICR code branch is the cheque book. Most banks now print MICR Codes on the cheque books. Also, your account pass book should have the MICR Code printed.
505015523 is the MICR Code for Koratla branch of Canara Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to Canara Bank account. The address of Koratla branch is Canara bank h no 1-1-163,main road,koratla,jagitial district,koratla telangana 505326, which is located in Karimnagar District of Telangana State.
In Canara Bank MICR Code, the first 4 characters (5050) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (5523) represent the Canara Bank branch code.
Find more information on MICR Code 505015523 of Canara Bank Koratla Branch MICR Code Koratla for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 505015523 details before initiating any transaction!