Indian Bank IFSC Code IDIB000K566

Indian Bank – KANDIVALI

IFSC Code: IDIB000K566

MICR Code: 400019126

Branch: KANDIVALI

Bank: Indian Bank

Address: S V ROAD MILAP CINEMA KANDIVALI WEST

District: MUMBAI

State: MAHARASHTRA

Contact:

Indian Financial System Code (IFSC): IDIB000K566

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 00K566. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 400019126

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.