Latest details of Ifsc: Idib000s506

INDIAN BANK

Branch name : SADAR BAZAR

Contact Information

Address: 4875 PHUTTA ROAD BARA TUTI PHUTTA ROAD SADAR BAZAR SADAR BAZAR PIN 110006

Contact number: 7991159866

Bank Details

IFSC Code: IDIB000S506

City: SADAR BAZAR

District: CENTRAL DELHI

State: DELHI

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