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 Parel Branch,mumbai Greater Mumbai Branch IFSC/MICR Code Details
Bank Name ALLAHABAD BANK
Address DR. AMBEDKAR ROAD, PAREL, POST BOX NO 6610, MUMBAI -12
State MAHARASHTRA
District GREATER MUMBAI
Branch PAREL BRANCH,MUMBAI
IFSC Code ALLA0210187
Branch Code 210187 (Last six characters of IFSC code represent Branch code.)
MICR Code 400010014
Contact Phone 24131618
via https://bankingzone.in/ifsc

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