Latest details of Ifsc: Idib000n516
INDIAN BANK
Branch name : NAGPUR CITY ITWARI
Contact Information
Address: SHOP NO1 NAGULWAR COMPLEX MAHALAXMI NAGAR1 MANEWADA CEMENT ROAD NAGPUR PIN CODE 440 024 MANEWADA ROAD MANEWADA BHAGWAN NAGAR PIN 440024
Contact number: 7744090593
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.
