IFSC Code, MICR Codes for INDIAN BANK in CHHATTISGARH - MAHASAMUND - MAHASAMUND - MAHASAMUND

INDIAN BANK RTGS HO Branch in MAHASAMUND - Address, IFSC, MICR Code


IFSC Code

IDIB000M302

MICR Code

WAITING

Branch

MAHASAMUND

Contact

9755954826

Address

DOOR NO 116 PURANA RAIPUR NAKA RAIPUR ROADWARD NO 12 MAHASAMUND CHHATTISGARH PIN-493445

City

MAHASAMUND

District

MAHASAMUND

State

CHHATTISGARH





What is IFSC Code of INDIAN BANK situated at MAHASAMUND- RTGS-HO?
IFSC Code of INDIAN BANK situated at MAHASAMUND - RTGS-HO is

IDIB000M302

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.