IFSC vs MICR vs SWIFT Code: Difference Kya Hai? (Banking Guide 2026)

 

IFSC Code kya hota hai?

IFSC (Indian Financial System Code) bank branch identification code hota hai jo NEFT/RTGS/IMPS payments me use hota hai.

Example:
SBIN0001234




MICR Code kya hota hai?

MICR (Magnetic Ink Character Recognition) code cheque clearing system me use hota hai.

Example:
281002012




SWIFT Code kya hota hai?

SWIFT code international wire transfers me bank ko identify karne ke liye use hota hai.

Example:
SBININBBXXX

Use Case Difference Table

Code	Use Case	Country	System
IFSC	NEFT/RTGS/IMPS	India	Domestic
MICR	Cheque Clearing	India	Domestic
SWIFT	Wire Transfer	Global	International




Kaun sa code kahan lagta hai?

✔ Salary | IFSC
✔ Cheque Book | MICR
✔ International Payment | SWIFT
✔ Mutual Fund KYC | IFSC
✔ Loan NACH | MICR

Kaise Find Kare?

✔ Passbook
✔ Cheque book
✔ NetBanking
✔ Bank website
✔ Customer care

International Transfer FAQs

Q: SWIFT mandatory? → Yes
Q: IFSC se international possible? → No
Q: Dollar remittance charges? → Yes

Common Confusion

❌ IFSC = MICR nahi
❌ SWIFT = IFSC nahi
❌ Cheque = MICR
❌ Wire Transfer = SWIFT