Indian Bank - MICROSATE BRANCH, BHOPAL
Details about the IFSC1 IDIB000M201:
Bank: Indian Bank
District/State: BHOPAL / MADHYA PRADESH
City: BHOPAL
IFSC:1 IDIB000M201
MICR:2 462019003
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.