Printing of MICR Code and IFSC Code on Passbook/Statement of Account

Last updated: 23 April 2012
RBI/2011-12/516 DPSS (CO) RTGS No. 1934/04.04.002/2011-12 April 20, 2012 The Chairman and Managing Director / Chief Executive Officer of all banks participating in RTGS, NEFT and NECS Dear Sir/Madam, Printing of MICR Code and IFSC Code on Passbook/Statement of Account As you are aware, the MICR code is necessary for all Electronic Clearing Service (ECS Credit and Debit) transactions. Similarly, the IFSC code is a pre-requisite for NEFT and RTGS transactions. 2. Currently, th
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Notification No : RBI/2011-12/516


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