IDIB000D523 IFSC Code, INDIAN BANK, DAMOH BALAGHAT

IFSC Code of Indian Bank, Damoh Balaghat, Madhya Pradesh IFSC CODE & MICR CODE

INDIAN BANK, DAMOH BALAGHAT - IDIB000D523

  • Bank name: INDIAN BANK

Bank Address: Vill Po Damoh Tehsil Baihar Dist Balaghat 481 051 Pin 481051

  • IFSC Code idib000d523
  • Bank Code IDIB
  • Bank name INDIAN BANK
  • Bank contact number +919479105040
  • Bank branch DAMOH BALAGHAT
  • Bank ISO3166 Code IN-MP
  • Bank Center BALAGHAT
  • MICR Code 481019004
  • State name MADHYA PRADESH
  • District name BALAGHAT
  • City name BALAGHAT
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for INDIAN BANK, DAMOH BALAGHAT branch is IDIB000D523, ensures that your transactions are directed to the correct branch.

How to Use IDIB000D523 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the DAMOH BALAGHAT branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.