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Indian Bank - Borivali Babhai Naka

Details about the IFSC1 IDIB000B861:

Bank: Indian Bank
Bank Branch: Borivali Babhai Naka (IN-MH)
Country: India
District/State: MUMBAI / MAHARASHTRA
City: MUMBAI SUBURBAN
IFSC:1 IDIB000B861
MICR:2 400019118




1) An IFSC code (Indian Financial System Code) is a unique 11-digit alphanumeric code used to identify bank branches participating in electronic fund transfers like NEFT, RTGS, and IMPS.

2) Magnetic ink character recognition code, known in short as MICR code, is a character recognition technology used mainly by the banking industry to streamline the processing and clearance of cheques and other documents.