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 Masabinal Bijapur Branch IFSC/MICR Code Details
Bank Name CANARA BANK
Address BUILDING NO. GRAM PANCHAYAT BUILDING, STREETROAD POST OFFICE MASABINAL PIN CODE 586203 TALUKATEHSIL BASAVANA BAGEWADI DISTBIJAPURSTATE KARNATAKA
State KARNATAKA
District BIJAPUR
Branch MASABINAL
IFSC Code CNRB0004024
Branch Code 004024 (Last six characters of IFSC code represent Branch code.)
MICR Code 586015505
Contact Phone 242588
via https://bankingzone.in/ifsc

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