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 Koratla Karimnagar Branch IFSC/MICR Code Details
Bank Name CANARA BANK
Address CANARA BANK H NO 1-1-163,MAIN ROAD,KORATLA,JAGITIAL DISTRICT,KORATLA TELANGANA 505326
State TELANGANA
District KARIMNAGAR
Branch KORATLA
IFSC Code CNRB0006668
Branch Code 006668 (Last six characters of IFSC code represent Branch code.)
MICR Code 505015523
Contact Phone 9999999999
via https://bankingzone.in/ifsc

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