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 Payangadi Cannur Branch IFSC/MICR Code Details
Bank Name CANARA BANK
Address EP XI620-A, BUSSTAND,(PO) PAYANGADI RS DIST KANNUR 670358
State KERALA
District CANNUR
Branch PAYANGADI
IFSC Code CNRB0000730
Branch Code 000730 (Last six characters of IFSC code represent Branch code.)
MICR Code 670015804
Contact Phone 2870242
via https://bankingzone.in/ifsc

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