IFSC Code, MICR Codes for INDIAN BANK in MAHARASHTRA - AMRAVATI - ASSEGAON - ASSEGAON

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


IFSC Code

IDIB000A055

MICR Code

444019007

Branch

ASSEGAON

Contact

0

Address

WARD NO 1 PARATWADA ROAD ASSEGAON PURNA AMRAVATI 444827

City

ASSEGAON

District

AMRAVATI

State

MAHARASHTRA





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

IDIB000A055

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.