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