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 Erumapalayam Salem Branch IFSC/MICR Code Details
Bank Name CANARA BANK
Address I FLOOR, KCA BLDGS,, 1B KALARAMPATTY MAIN ROAD,, GANDHINAGAR SALEM 636015
State TAMIL NADU
District SALEM
Branch ERUMAPALAYAM
IFSC Code CNRB0001667
Branch Code 001667 (Last six characters of IFSC code represent Branch code.)
MICR Code 636015007
Contact Phone 2262874
via https://bankingzone.in/ifsc

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