The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).
The first four characters represent the bank name.
The fifth character is always ‘0’ and is reserved for future use.
Branch Code 007408. The last six characters denote the specific bank branch.
MICR Code (Magnetic Ink Character Recognition): 581483102
The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.
Other IFSC/MICR/SWIFT Codes
444564002 SUNDARLAL SAWJI URBAN CO-OP. BANK LTD (MAHARASHTRA)
SRCB0SSB008 SUNDARLAL SAWJI URBAN CO-OP. BANK LTD (MAHARASHTRA)
587895103 Bagalkot District Central Co-operative Bank IMPS (MAHARASHTRA)
IBKL01071BD Bagalkot District Central Co-operative Bank IMPS (MAHARASHTRA)