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 Palakunnu Kasaragod Branch IFSC/MICR Code Details
Bank Name CANARA BANK
Address 5395, EM COMPLEX,, PALAKUNNU PALLIKERE II, P.O.BEKAL 671 318
State KERALA
District KASARAGOD
Branch PALAKUNNU
IFSC Code CNRB0002359
Branch Code 002359 (Last six characters of IFSC code represent Branch code.)
MICR Code 671015803
Contact Phone 2236005
via https://bankingzone.in/ifsc

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