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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Himachal Pradesh State Cooperative Bank Ltd Chandesh Mandi Branch IFSC/MICR Code Details
Bank Name HIMACHAL PRADESH STATE COOPERATIVE BANK LTD
Address CHANDESH PO GAHAR TEHSIL SARKAGHAT PIN 175049
State HIMACHAL PRADESH
District MANDI
Branch CHANDESH
IFSC Code HPSC0000343
Branch Code 000343 (Last six characters of IFSC code represent Branch code.)
MICR Code 175311113
Contact Phone 257681
via https://bankingzone.in/ifsc

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