What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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Abhyudaya Cooperative Bank Limited Lower Parel Greater Bombay Branch IFSC/MICR Code Details
Bank Name ABHYUDAYA COOPERATIVE BANK LIMITED
Address BLOCK NO.12, GROUND FLOOR, DHANRAJ MILL COMPOUND, SITARAM JADHAV MARG, LOWER PAREL, MUMBAI - 400 013.
State MAHARASHTRA
District GREATER BOMBAY
Branch LOWER PAREL
IFSC Code ABHY0065070
Branch Code 065070 (Last six characters of IFSC code represent Branch code.)
MICR Code 400065070
Contact Phone 28680471
via https://bankingzone.in/ifsc

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