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Indian Bank IFSC Code IDIB000M074

HomeIFSC CodesIndian BankIDIB000M074

Indian Bank – MAHABOOBABAD

IFSC Code: IDIB000M074

MICR Code: 506019102

Branch: MAHABOOBABAD

Bank: Indian Bank

Address: MAHABUBABAD6-3/99/4, NEHRU STREETMAHABUBABAD506101

District: MAHBUBABAD

State: ANDHRA PRADESH

Contact:

Indian Financial System Code (IFSC): IDIB000M074

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 00M074. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 506019102

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.

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