Indusind Bank LATEHAR IFSC Code, MICR Code, Contact No. - Latehar, Jharkhand

Indusind Bank LATEHAR Branch IFSC Code, MICR Code (Latehar, Jharkhand). IFSC code is used for NEFT, IMPS and RTGS Transactions.

IFSC Code, MICR Code, Contact No. of Indusind Bank LATEHAR - Latehar, Jharkhand

IFSC Code:INDB0001525
MICR Code:829234002
Branch Code:001525 (Last six characters of IFSC Code represent Branch code)
Address:KHASRA NO 724 PLOT NO 570 BY PASS CHOWK PO LATEHAR 829206
Branch:LATEHAR
City:LATEHAR
District:Latehar
State:Jharkhand
Contact No.:6565-6565248028

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Indusind Bank IFSC Code is INDB0001525, MICR Code is 829234002, Branch Code is 001525 which is last six characters of IFSC Code, Branch name is LATEHAR located in KHASRA NO 724 PLOT NO 570 BY PASS CHOWK PO LATEHAR 829206, LATEHAR, Latehar, Jharkhand, Contact no. is 6565-6565248028. IFSC code is used for NEFT, IMPS and RTGS Transactions.

What is IFSC Code?

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:

  1. National Electronic Funds Transfer (NEFT)
  2. Real Time Gross Settlement (RTGS)
  3. Immediate Payment Service (IMPS)

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.


What is MICR Code?

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:

  1. The first 3 digits represent the city code, this code is aligned with the PIN code we use for a postal address in India.
  2. The next 3 digits represent the bank code.
  3. The last 3 digits represent the branch code.