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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Equitas Small Finance Bank Limited Chromepet Chennai Branch IFSC/MICR Code Details
Bank Name EQUITAS SMALL FINANCE BANK LIMITED
Address NO - 10 A& B SONA TOWERS,RAJENDRA PRASAD ROAD,HASTHINAPURAM,CHROMPET,CHENNAI-600044,TAMILNADU
State TAMIL NADU
District CHENNAI
Branch CHROMEPET
IFSC Code ESFB0001078
Branch Code 001078 (Last six characters of IFSC code represent Branch code.)
MICR Code 600756018
Contact Phone 30898015
via https://bankingzone.in/ifsc

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