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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The Thane Bharat Sahakari Bank Limited Airoli Thane Branch IFSC/MICR Code Details
Bank Name THE THANE BHARAT SAHAKARI BANK LIMITED
Address MAZIDUN HIGHSCHOOL PREMISES, GR FLOOR SECTOR 8A,AIROLI NAVI MUMBAI-4007083
State MAHARASHTRA
District THANE
Branch AIROLI
IFSC Code TBSB0000015
Branch Code 000015 (Last six characters of IFSC code represent Branch code.)
MICR Code 400525015
Contact Phone 65207666
via https://bankingzone.in/ifsc

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