IFSC Code | IDIB000M161 |
Bank | INDIAN BANK |
Address | HIG45DOOR NO 3933104/1/13 NEAR EAST PARKOPPBSNL EXCHANGE MADHAVADHARA VUDA COLONY MADHAVADHARA PIN 530018 |
District | VISAKHAPATNAM |
State | ANDHRA PRADESH |
Branch | MADHAVADHARA |
Phone Number | + 891 2794044 |
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 IDIB000M161 where bank char is IDIB and branch is 00M161.
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.