Latest details of Ifsc: Idib000r118
INDIAN BANK
Branch name : RING ROAD VIZIANAGARAM
Contact Information
Address: 2018/136 SREE RAMA NAGAR COLONY NEAR LEE PARADISE FUNCTION HALL 100 FT RING ROAD PIN 535002
Contact number: 7337555601
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.
