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 Indavara Chikmagalur Branch IFSC/MICR Code Details
Bank Name CANARA BANK
Address CANARA BANK CHIKAMAGALUR TQ INDAVARA KARNATAKA 577101
State KARNATAKA
District CHIKMAGALUR
Branch INDAVARA
IFSC Code CNRB0005389
Branch Code 005389 (Last six characters of IFSC code represent Branch code.)
MICR Code 577015764
Contact Phone 9480813043
via https://bankingzone.in/ifsc

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