IFSC Code | IDIB000S007 |
Bank | INDIAN BANK |
Address | 101A Arunachala Street NEAR OLD BUS STAND SALEM PIN 636001 |
District | SALEM |
State | TAMIL NADU |
Branch | SALEM MAIN |
Phone Number | + 427 2268060 |
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 IDIB000S007 where bank char is IDIB and branch is 00S007.
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.