No, each of the three codes—IFSC, MICR, and CIF— are different and serve a distinct purpose. MICR, or Magnetic Ink Character Recognition, is used to process checks more quickly. IFSC, or the Indian Financial System Code, is used to identify a bank’s branches. On the other hand, the...
Where to Find the IFSC & MICR Codes on a Cheque? You can easily find both the IFSC and MICR codes on the bank’s chequebook and passbook. The IFSC is printed on the top of the cheque leaf, while the MICR code is printed on the bottom of the same leaf. You can also find both t...
It is very important to find correct branch before initiating any bank process. Though all banks will have a mechnism to verify the Old Panvel Branch, Account Type, IFSC Code, MICR Code, and Account Name, etc. and any mismatch will result in failed transaction!
Filing income tax returns could make people nervous, especially those who are filing for the first time. Filing returns is the responsibility of all Indians; however, it must be done carefully by identifying the correct form that applies to an individual. If you, too, are wondering which is ...
It is very important to find correct branch before initiating any bank process. Though all banks will have a mechnism to verify the Secunderabad S.P.Road Branch, Account Type, IFSC Code, MICR Code, and Account Name, etc. and any mismatch will result in failed transaction!
It is very important to find correct branch before initiating any bank process. Though all banks will have a mechnism to verify the Mg Road Branch (90Rd) Clearing Code 222 Branch, Account Type, IFSC Code, MICR Code, and Account Name, etc. and any mismatch ...
It is very important to find correct branch before initiating any bank process. Though all banks will have a mechnism to verify the Rtgsho Branch, Account Type, IFSC Code, MICR Code, and Account Name, etc. and any mismatch will result in failed transaction!