Latest details of Ifsc: Idib000b617
INDIAN BANK
Branch name : SAGAR SOCIETY BANJARA HILLS
Contact Information
Address: DOOR NO 82269/S/50GROUND FLOOR SAGAR SOCIETY BANJARA HILLS HYDERABAD AP500034 SAGAR SOCIETYROAD N02 BANJARA HILLS PIN 500034
Contact number: 23555218
Bank Details
IFSC code can be used for RTGS, IMPS and NEFT transactions
Last six characters of IFSC Code make a Branch code.
IFSC Code
Indian Financial System Code (IFSC) is an 11-character code used for electronic payments through RTGS, NEFT, and IMPS. The code structure:
- • First 4 characters: Bank identifier
- • 5th character: Reserved (0)
- • Last 6 characters: Branch code
MICR Code
MICR (Magnetic Ink Character Recognition) code is printed on cheques to facilitate automated processing. This code helps identify the bank and branch during cheque clearing processes.
These codes are essential for secure and accurate electronic fund transfers within the Indian banking system.
