Latest details of Ifsc: Idib000r588

Contact Information

Address: SHARADHANAND ROAD NEAR MAHABIR CHOWK) UPPER BAZAR RANCHI UPPER BAZAR RANCHI PIN 834001

Contact number: 7827033457

Bank Details

IFSC Code: IDIB000R588

City: UPPER BAZAR

District: RANCHI

State: JHARKHAND

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