IFSC Code | IDIB000M291 |
Bank | INDIAN BANK |
Address | SRI KRISHNA TOWERS V I P ROAD OPP SPENCERS SUPER MARKET MADDILAPALEM PIN 530013 |
District | VISAKHAPATNAM |
State | ANDHRA PRADESH |
Branch | MADDILAPALEM |
Phone Number | + 891 2505990 |
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 IDIB000M291 where bank char is IDIB and branch is 00M291.
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.