Indian Bank, SARASWATI PARK BRANCH VISAKHAPATNAM

Here is the IFSC & MICR Codes of Indian Bank, SARASWATI PARK BRANCH VISAKHAPATNAM, VISAKHAPATNAM, ANDHRA PRADESH. Also get the latest address, contact number of Indian Bank, SARASWATI PARK BRANCH VISAKHAPATNAM.

IFSC Code: IDIB000V539
Branch: SARASWATI PARK BRANCH VISAKHAPATNAM
Address: Door No 3015171 SARASWATI JUNCTION DABA GARDENS VISAKHAPATNAM PIN 530020
Bank Code: IDIB
MICR: 530019019

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Frequently asked questions

What's the IFSC Code of SARASWATI PARK BRANCH VISAKHAPATNAM, Indian Bank?: The IFSC Code of SARASWATI PARK BRANCH VISAKHAPATNAM, Indian Bank is IDIB000V539.
What's the Address of SARASWATI PARK BRANCH VISAKHAPATNAM, Indian Bank?: The Address of SARASWATI PARK BRANCH VISAKHAPATNAM, Indian Bank is Door No 3015171 SARASWATI JUNCTION DABA GARDENS VISAKHAPATNAM PIN 530020.
What's the MICR Code of SARASWATI PARK BRANCH VISAKHAPATNAM, Indian Bank?: The MICR Code of SARASWATI PARK BRANCH VISAKHAPATNAM, Indian Bank is 530019019.
What's the District SARASWATI PARK BRANCH VISAKHAPATNAM, Indian Bank falls under?: The District SARASWATI PARK BRANCH VISAKHAPATNAM, Indian Bank falls under is DABA GARDENS.

Definition

What is IFSC Code

IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT (National Electronic Funds Transfer) system in India.

The IFSC code is used to facilitate electronic money transfers between banks in India. It is used to identify the sender and receiver bank branches, ensuring that the money is credited to the correct account. The IFSC code is made up of three parts:

The first four characters represent the bank code, identifying the bank that the branch belongs to.
The fifth character is always a zero, reserved for future use.
The last six characters represent the branch code, identifying the specific branch of the bank.

For example, the IFSC code for the State Bank of India's Mumbai Fort branch is SBIN0000300. In this code, "SBIN" is the bank code for State Bank of India, "0" is a reserved character, and "000300" is the branch code for the Mumbai Fort branch.

IFSC codes are used in many types of electronic transactions, including NEFT, RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).