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18 August, 2011

Bank IFSC Codes link :: Used for electronic payment applications like RTGS,NEFT,CFMS

Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT) and Centralised Funds Management System (CFMS) developed byReserve Bank of India (RBI). 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.
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.



http://bankifsccode.com/
  • Useful for Employee Mapping updation in online


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