IFSC & MICR Codes

Find Indian Financial System Code (IFSC) and Magnetic Ink Character Recognition (MICR) codes for all major banks in India.

Understanding Bank Codes

What is IFSC and MICR and why are they important?

IFSC Code

Indian Financial System Code

Format: 11-character alphanumeric code
Structure: First 4 letters = Bank code, 5th character = 0 (reserved), Last 6 characters = Branch code
Example: SBIN0001234 (SBI, Branch 001234)
Purpose: Used for NEFT, RTGS, and IMPS transactions
Issued By: Reserve Bank of India (RBI)

MICR Code

Magnetic Ink Character Recognition

Format: 9-digit numeric code
Structure: First 3 digits = City code, Next 3 digits = Bank code, Last 3 digits = Branch code
Example: 110002234 (Mumbai city, Bank 002, Branch 234)
Purpose: Used for cheque processing and clearing
Issued By: RBI in coordination with banks

Note: IFSC and MICR codes are essential for electronic fund transfers and cheque processing. Always use the correct code for your bank branch to avoid transaction failures.

IFSC & MICR Codes

Bank IFSC & MICR Codes

Understanding Bank Codes

IFSC Code

MICR Code

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