IFSC Code | IDIB000M401 |
Bank | INDIAN BANK |
Address | SHOP NO A4 & A5,1ST FLOOR,NH27,NEAR LALPAR,BESIDE OMKAR PETROLEUM,MORBI-363642 |
District | RAJKOT |
State | GUJARAT |
Branch | MCB MORBI |
Phone Number | + 2822 9807935459 |
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 IDIB000M401 where bank char is IDIB and branch is 00M401.
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.