IFSC Code | IDIB000Y503 |
Bank | INDIAN BANK |
Address | HOUSE NO 303 CIVIL LINES SBI CHOWK YAVATMAL YAVATMAL PIN 445001 |
District | YAVATMAL |
State | MAHARASHTRA |
Branch | YEOTMAL |
Phone Number | + 7232 242104 |
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 IDIB000Y503 where bank char is IDIB and branch is 00Y503.
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.