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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Reserve Bank Of India Panaji Panaji Branch IFSC/MICR Code Details
Bank Name RESERVE BANK OF INDIA
Address GERAS IMPERIUM II 7TH FLOOR 70706 PATTO PANAJI GOA 403001
State GOA
District PANAJI
Branch PANAJI
IFSC Code RBIS0PJPA01
Branch Code PJPA01 (Last six characters of IFSC code represent Branch code.)
MICR Code NA
Contact Phone 0
via https://www.getifsc.in

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