Indian Bank IFSC Code IDIB000K263

Indian Bank – KOMPALLY

IFSC Code: IDIB000K263

MICR Code: 500019051

Branch: KOMPALLY

Bank: Indian Bank

Address: SHOP NO G9 & G10 GROUNDFLOOR DSR COMPLEX, SNO 90, KOMPALLY QUTHBULLAPUR MANDAL, HYDERABAD, TELANGANA

District: HYDERABAD

State: ANDHRA PRADESH

Contact: +919849998654

Indian Financial System Code (IFSC): IDIB000K263

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 00K263. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 500019051

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.