IFSC Code (The Indian Financial System Code) is an alphanumeric code which is used to transfer electronic funds in India.
CATHOLIC SYRIAN BANK LIMITED RAJASTHAN ifsc code is a Unique code which identifies each bank branch. The main purpose of IFSC Code is to participate each bank branch in the two main payment and settlement systems in India.
1) RTGS : Real Time Gross Settlement 2) NEFT : National Electronic Fund Transfer
For Example :
CATHOLIC SYRIAN BANK LIMITED RAJASTHAN ifsc code : CSBK0000312 is 11 digit Unique IFSC Code.
First 4 characters represents Bank Code : CSBK for Bank : CATHOLIC SYRIAN BANK LIMITED
5th character is Zero and it is reserved for future reference
Last 6 characters represents Branch Code : 000312 for Bank Branch JAIPUR
Anatomy of a Cheque
The above image represent cheque format which locates IFSC Code and MICR Code in Red Box
MICR code for catholic syrian bank limited rajasthan represents Magnetic Ink Character Recognition technology which is printed on cheques. This MICR Code is used for the identification of the cheques for faster processing.
MICR Code is a Unique code which identifies each bank branch. The main purpose of MICR Code is to participate each bank branch in an Electronic Clearing System (ECS).
MICR Code for CATHOLIC SYRIAN BANK LIMITED : 302047002 is 9 digit Unique MICR Code.
First 3 digits represents CityCode Code : 302 for City : JAIPUR
Middle 3 digits reprents Bank Code: 047 for Bank : CATHOLIC SYRIAN BANK LIMITED
Last 3 digits represents Branch Code : 700 for Bank Branch JAIPUR
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