Indian Bank – SAGAR
IFSC Code: IDIB000S512
MICR Code: 470019002
Branch: SAGAR
Bank: Indian Bank
Address: SAGAR 45 RAMPA BIJOY TALKIS ROAD SAGAR 2
District: SAGAR
State: MADHYA PRADESH
Contact:
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Indian Bank IFSC Code IDIB000S512
Indian Financial System Code (IFSC): IDIB000S512
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 00S512. The last six characters denote the specific bank branch.
MICR Code (Magnetic Ink Character Recognition): 470019002
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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