IFSC Code, MICR Codes for INDIAN BANK in MADHYA PRADESH - INDORE - INDORE - USHA NAGAR

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


IFSC Code

IDIB000R067

MICR Code

452019004

Branch

USHA NAGAR

Contact

2790773

Address

262USHA NAGAR EXTN.PHOOTI KOTHI ROAD OPP. RANJEET HANUMAN MANDIR INDORE

City

INDORE

District

INDORE

State

MADHYA PRADESH





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

IDIB000R067

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.