Indian Bank IFSC Code IDIB000P547

Indian Bank – PANBAZAR

IFSC Code: IDIB000P547

MICR Code: 781019016

Branch: PANBAZAR

Bank: Indian Bank

Address: C K ROAD RANIBARI PANBAZAR GUWAHATI 781001

District: GUWAHATI

State: ASSAM

Contact:

Indian Financial System Code (IFSC): IDIB000P547

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 00P547. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 781019016

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.