IDIB000N023 IFSC Code, INDIAN BANK, NEW TIMBER YARD LAY OUT

IFSC Code of Indian Bank, New Timber Yard Lay Out, Karnataka IFSC CODE & MICR CODE

INDIAN BANK, NEW TIMBER YARD LAY OUT - IDIB000N023

  • Bank name: INDIAN BANK

Bank Address: 319/2 Anjaneya Swamy Complex Opp Ksrtc Depot 5 New Timber Yard Layout Mysore Road Opp Pillar No393 Pin 560026

  • IFSC Code idib000n023
  • Bank Code IDIB
  • Bank name INDIAN BANK
  • Bank contact number +918022958836
  • Bank branch NEW TIMBER YARD LAY OUT
  • Bank ISO3166 Code IN-KA
  • Bank Center NEW TIMBER YARD LAYOUT
  • MICR Code 560019020
  • State name KARNATAKA
  • District name NEW TIMBER YARD LAYOUT
  • City name BANGALORE
  • 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, NEW TIMBER YARD LAY OUT branch is IDIB000N023, ensures that your transactions are directed to the correct branch.

How to Use IDIB000N023 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 NEW TIMBER YARD LAY OUT 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.