wat is CRAR,CAR, MISCAR code & IFSCO code? plzzzz explain smone??
Thanks srreekant sir
indian financialsystem code .
thank q shreekanth sir..
Shruti always ask question one by one
IFSC (Indian Financial System Code): Indian Financial System Code is an alphanumeric code that uniquely identifies a bank-branch participating in the NEFT system.
ii. This is a 11 digit code with the first 4 alpha characters representing the bank, The 5th character is 0 (zero).and the last 6 characters representing the bank branch.
iii. IFSC is used by the NEFT system to identify the originating / destination banks / branches and also to route the messages appropriately to the concerned banks / branches. For ex: SBIN0015986 : i. First 4 character SBIN – refers to State Bank of India. ii. 0 is a control number. iii. last six characters (015986) represents the SBI branch Jail Road, Hari Nagar New Delhi.
MICR : stands for Magnetic Ink Character Recognition. MICR Code is a numeric code which uniquely identifies a bank branch participating in the ECS Credit scheme.
MICR code consists of 9 digits e.g 400229128
i. First 3 digits represent the city (400)
ii. Next 3 digits represent the bank (229)
iii. Last 3 digits represent the branch (128)
The MICR Code allotted to a bank branch is printed on the MICR band of cheque leaves issued by bank branches.
(source: bankpower ibps clerk pdf capsule)
Search bankersadda or www.gr8ambitionz.com for pdf capsule files.
yar koi muje link btao ye is types k definition kaha milenge
nhu yar actually me ew hu is field me thoda guidance chaiye..so plz explain it in brief
CRAR- Capital to Risk weighted Assets Ratio,
CAR- Capital Adequacy Ratio or Rate (not sure)
MICR-Magnetic Ink Character Recognition code
IFSC- Indian Financial System Code.
Bhut tugf puch liya yaar aap so ki teyari kar rhe ho kya