Latest details of Ifsc: Idib000s534
INDIAN BANK
Branch name : SAINIK COLONY FARIDABAD
Contact Information
Address: SCF74 SECTOR 49 SAINIK COLONY FARIDABAD SECTOR 49 FARIDABAD SECTOR 49 FARIDABAD PIN 121001
Contact number: 2435551
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.
