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 Punalur Kollam Branch IFSC/MICR Code Details
Bank Name CANARA BANK
Address CANARA BANK DOOR NOXXIX415 KRISHNA KRIPA BUILDING, THOLICODE P O, PUNALUR, KOLLAM, KERALA - 691333
State KERALA
District KOLLAM
Branch PUNALUR
IFSC Code CNRB0001099
Branch Code 001099 (Last six characters of IFSC code represent Branch code.)
MICR Code 691015152
Contact Phone 2222354
via https://bankingzone.in/ifsc

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