IFSC Code, MICR Codes for INDIAN BANK in KARNATAKA - BIJAPUR - BABALESHWAR - HOSUR KARNATAKA

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


IFSC Code

IDIB000H050

MICR Code

WAITING

Branch

HOSUR KARNATAKA

Contact

9448161113

Address

KRISHNA NAGAR HOSUR VILLAGE BIJAPUR TALUK & DISTRICT KARNATAKA PIN-587117

City

BABALESHWAR

District

BIJAPUR

State

KARNATAKA





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

IDIB000H050

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.