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 Ludhiana R O Ludhiana Branch IFSC/MICR Code Details
Bank Name CANARA BANK
Address V K TOWER,KAILASH NAGAR,FOCAL 0161 POINT ROAD,OPP SPRING DALE SCHOOL LUDHIANA
State PUNJAB
District LUDHIANA
Branch LUDHIANA R O
IFSC Code CNRB0007990
Branch Code 007990 (Last six characters of IFSC code represent Branch code.)
MICR Code WAITING
Contact Phone 2604260
via https://bankingzone.in/ifsc

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