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 Sme - Nasik Nasik Branch IFSC/MICR Code Details
Bank Name CANARA BANK
Address ASHWIN NAGAR, NEAR PHILICAN PARK, BESIDE AMBAD POLICE STATION, NASIK - 422009
State MAHARASHTRA
District NASIK
Branch SME - NASIK
IFSC Code CNRB0004507
Branch Code 004507 (Last six characters of IFSC code represent Branch code.)
MICR Code 422015006
Contact Phone 0
via https://bankingzone.in/ifsc

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