What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The 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.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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Abhyudaya Cooperative Bank Limited, Panchavati Branch, Nasik, Maharashtra - Find IFSC Code of Any Bank
Bank Name ABHYUDAYA COOPERATIVE BANK LIMITED
Address 4614, LAXMI RESIDENCY, PETH ROAD, PANCHAVATI, NASHIK - 422 003.
State MAHARASHTRA
District NASIK
Branch PANCHAVATI
IFSC Code ABHY0065125
Branch Code 065125 (Last six characters of IFSC code represent Branch code.)
MICR Code 422065006
Contact Phone 2629916
via https://sarkarinaukri365.in/ifsc

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