Latest details of Ifsc: Idib000k597

INDIAN BANK

Branch name : KARELI

Contact Information

Address: DHANSHREE APARTMENT NH26 ADJACENT TO MPEB COLONY MAHENDRA WARD KARELI KARELI PIN 487221

Contact number: 7049082666

Bank Details

IFSC Code: IDIB000K597

City: KARELI

District: NARSIMHAPUR

State: MADHYA PRADESH

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