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Indian Bank IFSC Code IDIB000M354

HomeIFSC CodesIndian BankIDIB000M354

Indian Bank – MCB VIZAG

IFSC Code: IDIB000M354

MICR Code: 530019017

Branch: MCB VIZAG

Bank: Indian Bank

Address: MCB VIZAG VISAKHAPATNAM

District: VISAKHAPATNAM

State: ANDHRA PRADESH

Contact:

Indian Financial System Code (IFSC): IDIB000M354

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 00M354. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 530019017

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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