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 Patur Akola Branch IFSC/MICR Code Details
Bank Name CANARA BANK
Address JANASHREE PLOT NO 23 WARD NO 1 RATHORE COMPLEX WASHIM ROAD AKOLA PATURMAHARASTRA CITY PATUR
State MAHARASHTRA
District AKOLA
Branch PATUR
IFSC Code CNRB0005257
Branch Code 005257 (Last six characters of IFSC code represent Branch code.)
MICR Code 444015504
Contact Phone 9987304250
via https://bankingzone.in/ifsc

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