Indian Bank ITARSI Branch IFSC Code, MICR Code (Hoshangabad, Madhya Pradesh). IFSC code is used for NEFT, IMPS and RTGS Transactions.
| IFSC Code: | IDIB000I087 |
|---|---|
| MICR Code: | 461019201 |
| Branch Code: | 00I087 (Last six characters of IFSC Code represent Branch code) |
| Address: | 26 11TH LINE ITARSI HOSHANGABAD |
| Branch: | ITARSI |
| City: | ITARSI |
| District: | Hoshangabad |
| State: | Madhya Pradesh |
| Contact No.: | 9493490091 |
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IFSC code is an alphanumeric code stands for Indian Financial System Code, which is uniquely assigned to each bank branch for the main three payment and settlement systems in India:
IFSC code is represented by 11 digit character, the first 4 characters of the IFSC code represent the name of the bank, the fifth character is 0 reserved for future use, the last 6 numbers represent the branch code of the bank. The very common use of the IFSC Code is to transfer fund using Internet Banking.
MICR code is short for Magnetic Ink Character Recognition Code is a 9-digit code that identifies the city, bank, and branch, which is found at the bottom of the cheque. With a special machine, MICR codes help faster processing of cheques. MICR code is consists of 3 parts: