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 Chiplun Ratnagiri Branch IFSC/MICR Code Details
Bank Name CANARA BANK
Address SHOP NO.1,2,3,, DR.AROGYA DHAM,, SHIVAJI CHOWK, CHIPLUN , RATNAGIRI DIST,(MAHARASTRA
State MAHARASHTRA
District RATNAGIRI
Branch CHIPLUN
IFSC Code CNRB0002574
Branch Code 002574 (Last six characters of IFSC code represent Branch code.)
MICR Code 415015201
Contact Phone 255328
via https://bankingzone.in/ifsc

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