Indian Bank KHUDEL

Indian Bank – KHUDEL

IFSC Code: IDIB000K708

MICR Code: 452019017

Branch: KHUDEL

Bank: Indian Bank

Address: INDORE KHUDEL INDORE TEHSIL

District: KHUDEL

State: MADHYA PRADESH

Contact:

Indian Financial System Code (IFSC): IDIB000K708

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 00K708. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 452019017

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.