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 Ripponpet Shimoga Branch IFSC/MICR Code Details
Bank Name CANARA BANK
Address D.NO.10585-86, RATNAMAHAL,, SHIMOGA ROAD, RIPPONPET, DISTSHIMOGA (KARNATAKA) - 577 426,
State KARNATAKA
District SHIMOGA
Branch RIPPONPET
IFSC Code CNRB0000534
Branch Code 000534 (Last six characters of IFSC code represent Branch code.)
MICR Code 577015575
Contact Phone 242626
via https://bankingzone.in/ifsc

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