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Indian Bank - MCB GUNTUR

Details about the IFSC1 IDIB000M786:

Bank: Indian Bank
Bank Branch: MCB GUNTUR (IN-AP)
Country: India
District/State: GUNTUR / ANDHRA PRADESH
City: GUNTUR
IFSC:1 IDIB000M786




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.