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 Sankar Nagar Madurai Branch IFSC/MICR Code Details
Bank Name CANARA BANK
Address CANARA BANK 236,KARUPPASWAMY ILLAM TENKALAM RD NARAYANA NAGAR SANKAR NAGER TAMIL NADU 627357
State TAMIL NADU
District MADURAI
Branch SANKAR NAGAR
IFSC Code CNRB0004264
Branch Code 004264 (Last six characters of IFSC code represent Branch code.)
MICR Code 627015057
Contact Phone 0
via https://bankingzone.in/ifsc

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