IFSC Code, MICR Codes for INDIAN BANK in KARNATAKA - RAICHUR - SINDHANOOR - SINDHANOOR

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


IFSC Code

IDIB000S050

MICR Code

548019096

Branch

SINDHANOOR

Contact

0

Address

KUSTAGI ROAD NEAR APMC SINDHANOOR RAICHUR 584128

City

SINDHANOOR

District

RAICHUR

State

KARNATAKA





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

IDIB000S050

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.