Latest details of Ifsc: Ratn0000343

Contact Information

Address: FIRST AND STILT FLOOR,NEW NO.16, OLD NO 86,MILLERS ROAD,KILPAUK,PURASAIWALAKAM,CHENNAI-600010

Contact number: 0

Bank Details

IFSC Code: RATN0000343

City: PURASAIWALKAM

District: CHENNAI

State: TAMIL NADU

IFSC code can be used for RTGS, IMPS and NEFT transactions

Last six characters of IFSC Code make a Branch code.

IFSC Code

Indian Financial System Code (IFSC) is an 11-character code used for electronic payments through RTGS, NEFT, and IMPS. The code structure:

  • • First 4 characters: Bank identifier
  • • 5th character: Reserved (0)
  • • Last 6 characters: Branch code

MICR Code

MICR (Magnetic Ink Character Recognition) code is printed on cheques to facilitate automated processing. This code helps identify the bank and branch during cheque clearing processes.

These codes are essential for secure and accurate electronic fund transfers within the Indian banking system.

IFSC and MICR code sample on bank cheque