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 Ranipet Vellore Branch IFSC/MICR Code Details
Bank Name CENTRAL BANK OF INDIA
Address 48,ARCOT ROAD,NEAR ILHAI AUTOMOBILE CENTRE,RANIPET
State TAMIL NADU
District VELLORE
Branch RANIPET
IFSC Code CBIN0285044
Branch Code 285044 (Last six characters of IFSC code represent Branch code.)
MICR Code NA
Contact Phone 22637966
via https://bankingzone.in/ifsc

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