Latest details of Ifsc: Idib000r555

INDIAN BANK

Branch name : RAMAKONA

Contact Information

Address: VILL RAMAKONA BLOCK SAUSAR WARD NO 11 RAMAKONA RAMAKONA PIN 480106

Contact number: 8457987347

Bank Details

IFSC Code: IDIB000R555

City: RAMAKONA

District: CHHINDWARA

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