Indian Bank IFSC Code IDIB000R123

Indian Bank – RAM MANDIR

IFSC Code: IDIB000R123

MICR Code: 585019005

Branch: RAM MANDIR

Bank: Indian Bank

Address: NO. 12 RAM MANDIR CIRCLE RING ROAD RAM MANDIR KAL

District: KALABURAGI

State: KARNATAKA

Contact: +919483815217

Indian Financial System Code (IFSC): IDIB000R123

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 00R123. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 585019005

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.