Which one do I need?
- Sending money online to an account number → IFSC.
- Filling a cheque or a mandate form that asks for MICR → MICR.
- Setting up salary credit → usually account number + IFSC.
Guide
IFSC vs MICR: difference between the two bank codes
IFSC vs MICR side by side: length, format, purpose, where to find them and which one to use for NEFT, RTGS, IMPS or cheques.
Quick summary✔ RBI dataLast synced · release v2.0.62
IFSC is an 11-character alphanumeric code used for electronic transfers (NEFT, RTGS, IMPS). MICR is a 9-digit numeric code printed on cheques for cheque clearing. A branch usually has both, but they are used for different payment channels.
FAQ
Questions
Can I convert MICR to IFSC?
Yes. Search the MICR code here; the result shows the branch and its IFSC.