Latest details of Ifsc: Idib000d503

INDIAN BANK

Branch name : DADAR MARKET

Contact Information

Address: SENAPATI BAPAT MARG DADAR BS ROAD POST OFFICE BOX 7043 SENAPATI BAPAT MARG DADAR WEST DADAR POST OFFICE PIN 400028

Contact number: 24304828

Bank Details

IFSC Code: IDIB000D503

City: DADAR WEST

District: MUMBAI

State: MAHARASHTRA

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.

IFSC and MICR code sample on bank cheque