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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Central Bank Of India Palanpur Banas Kantha Branch IFSC/MICR Code Details
Bank Name CENTRAL BANK OF INDIA
Address AROMA ARCADE, FIRST FLOOR, 35-40,43,44, KASTURI DINING HALL, OPP JILLA PANCHYAT, PALANPUR-385011
State GUJARAT
District BANAS KANTHA
Branch PALANPUR
IFSC Code CBIN0283876
Branch Code 283876 (Last six characters of IFSC code represent Branch code.)
MICR Code NA
Contact Phone 22612008
via https://bankingzone.in/ifsc

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