IFSC vs MICR: Difference, Use and Where to Find Them

IFSC and MICR are both bank branch identifiers, but their use is different. IFSC is used for NEFT, RTGS and IMPS transfers. MICR is used in cheque processing.

Where to find them

You can find these codes on cheque leaves, passbook, official bank branch pages and trusted IFSC lookup websites.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top