Latest details of Ifsc: Indb0001724

Contact Information

Address: GROUND FLOOR PLOT NO 08 SY NO 54 AND 55 MADHAVADHARA VILLAGE BANK STREET MURALINAGAR NR FUNCTION HALL VISHAKHAPATNAM ANDHRA PRADESH PIN CODE 530007

Contact number: 8912785581

Bank Details

IFSC Code: INDB0001724

City: VISHAKHAPATNAM

District: VISHAKHAPATNAM

State: ANDHRA 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