Indian Bank IFSC Code IDIB000B111

Indian Bank – BOISAR

IFSC Code: IDIB000B111

MICR Code: 401019002

Branch: BOISAR

Bank: Indian Bank

Address: AMEYA PARK, B-1 A NAVAPURA ROAD, BOISAR, THANE DISTRICT 401501.

District: THANE

State: MAHARASHTRA

Contact:

Indian Financial System Code (IFSC): IDIB000B111

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

• The first four characters represent the bank name.
• The fifth character is always ‘0’ and is reserved for future use.
• Branch Code 00B111. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 401019002

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.