IFSC Code | IDIB000N123 |
Bank | INDIAN BANK |
Address | RETAIL ISSUE SHOP NAVY NAGAR NAVY NAGAR COLABA PIN 400005 |
District | NAVY NAGAR |
State | MAHARASHTRA |
Branch | NAVY NAGAR, COLABA |
Phone Number | + 22 22150459 |
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 IDIB000N123 where bank char is IDIB and branch is 00N123.
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.