The IFSC code consists of 11 Characters - e.g. SBIN0003853 1.First 4 characters (4 Alpha chars) represent the entity. (SBIN0003853) 2.Fifth position has been defaulted with a '0' (Zero) for future use (SBIN0003853) 3.And the Last 6 character (6 Numeric chars) denotes the branch identity. (SBIN0003853)
The MICR code consists of 9 digits - e.g 411229003 First 3 digits represent the city (411229003 ) Next 3 digits represent the bank (411229003 ) Last 3 digits represent the branch (411229003 )