Indian Financial System Code (IFSC Code) is used to transfer funds using RTGS & NEFT in between two banks in INDIA. It's a 11 digits long code and the first four character represents the
bank's name and the last 6 six character identifies the branch.
What is MICR Code ?
MICR Code is mainly used by bank's in INDIA to process and clear cheques and other documents. MICR codes is mentioned on every leaf of cheques provided by bank. MICR readers can easily read this
code and reduces the time of processing the cheques.
What is SWIFT Code ?
SWIFT code is mainly used for transferring international payments between two banks. Its a 11 digit code, first four character identifies bank's name, fifth and sixth character identifies country
and last five digits identifies bank's branch.