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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Canara Bank Palanpur Banas Kantha Branch IFSC/MICR Code Details
Bank Name CANARA BANK
Address MEGHDARHSAN 28 29 30 MEHUL PARK OPP CIRCUIT HOUSE HIGHWAY PALANPUR BANAS KANTHA GUJARAT 385001
State GUJARAT
District BANAS KANTHA
Branch PALANPUR
IFSC Code CNRB0003801
Branch Code 003801 (Last six characters of IFSC code represent Branch code.)
MICR Code 385015001
Contact Phone 9638246511
via https://bankingzone.in/ifsc

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