Indian Bank, KORAMANGALA

Here is the IFSC & MICR Codes of Indian Bank, KORAMANGALA, BANGALORE, KARNATAKA. Also get the latest address, contact number of Indian Bank, KORAMANGALA.

IFSC Code: IDIB000N084
Branch: KORAMANGALA
Address: No512 6th Cross 6th Block Koramangala P O KORAMANGALA PIN 560095
Bank Code: IDIB
MICR: 560019017

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Frequently asked questions

What's the IFSC Code of KORAMANGALA, Indian Bank?: The IFSC Code of KORAMANGALA, Indian Bank is IDIB000N084.
What's the Address of KORAMANGALA, Indian Bank?: The Address of KORAMANGALA, Indian Bank is No512 6th Cross 6th Block Koramangala P O KORAMANGALA PIN 560095.
What's the MICR Code of KORAMANGALA, Indian Bank?: The MICR Code of KORAMANGALA, Indian Bank is 560019017.
What's the District KORAMANGALA, Indian Bank falls under?: The District KORAMANGALA, Indian Bank falls under is Koramangala.

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).