Indian Bank IFSC Code IDIB000N016

Indian Bank – NASIK CITY

IFSC Code: IDIB000N016

MICR Code: 422019002

Branch: NASIK CITY

Bank: Indian Bank

Address: PB 122, 480 Y, SWAMI R P ROAD NASIKMAHARASHTRA422002

District: NASHIK

State: MAHARASHTRA

Contact:

Indian Financial System Code (IFSC): IDIB000N016

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 00N016. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 422019002

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.