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Indian Bank - NEW NALLAKUNTA

Details about the IFSC1 IDIB000N054:

Bank: Indian Bank
Bank Branch: NEW NALLAKUNTA (IN-AP)
Country: India
District/State: HYDERABAD URBAN / ANDHRA PRADESH
City: HYDERABAD
IFSC:1 IDIB000N054
MICR:2 500019012




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.