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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Allahabad Bank Raisen Branch Raisen Branch IFSC/MICR Code Details
Bank Name ALLAHABAD BANK
Address PLOT NO 195,WARD NO 15,ARJUN NAGAR,SAGAR ROAD RAISEN
State MADHYA PRADESH
District RAISEN
Branch RAISEN BRANCH
IFSC Code ALLA0213107
Branch Code 213107 (Last six characters of IFSC code represent Branch code.)
MICR Code 464010001
Contact Phone 757444414
via https://bankingzone.in/ifsc

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