IFSC Code, MICR Codes for INDIAN BANK in ODISHA - CUTTACK - CUTTACK - MADHAB

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


IFSC Code

IDIB000M277

MICR Code

754019205

Branch

MADHAB

Contact

237049

Address

GRAMPANCHAYAT BUILDING MADHAB CUTTACK DIST ORISSA PIN - 754004

City

CUTTACK

District

CUTTACK

State

ODISHA





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

IDIB000M277

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.