IFSC Code, MICR Codes for INDIAN BANK in KARNATAKA - BANGALORE RURAL - BIDADI - BIDADI

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


IFSC Code

IDIB000B112

MICR Code

560019042

Branch

BIDADI

Contact

0

Address

NO.370/1-A B.G.S.ROAD BIDADI RAMANAGAR DISTRICT - KARNATAKA - 562129

City

BIDADI

District

BANGALORE RURAL

State

KARNATAKA





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

IDIB000B112

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.