Latest details of Ifsc: Idib000k592

INDIAN BANK

Branch name : KARAD

Contact Information

Address: JEEVAN DEEP BUILDING GROUND FLOOR 434/1 SHANIWAR PETH OPP ICICI KARAD 415110 MARKET YARD KARAD KARAD PIN 415110

Contact number: 7506681487

Bank Details

IFSC Code: IDIB000K592

City: KARAD

District: SATARA

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