IFSC Code | IDIB000P121 |
Bank | INDIAN BANK |
Address | Plot NoD4 1D NO75627 Main Road Prakash Nagar Rajahmundry Rajahmundry PIN 533103 |
District | RAJAHMUNDRY |
State | ANDHRA PRADESH |
Branch | PRAKASH NAGAR |
Phone Number | + 883 2467127 |
Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI).
Code has eleven characters "Alpha Numeric" in nature.
First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.
Here in this IFSC code IDIB000P121 where bank char is IDIB and branch is 00P121.
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.