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Indian Bank IFSC Code IDIB000S068

HomeIFSC CodesIndian BankIDIB000S068

Indian Bank – SAKHAVARAM

IFSC Code: IDIB000S068

MICR Code: 523019095

Branch: SAKHAVARAM

Bank: Indian Bank

Address: POKURU SAKHAVARAM 523113

District: PRAKASAM

State: ANDHRA PRADESH

Contact:

Indian Financial System Code (IFSC): IDIB000S068

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 00S068. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 523019095

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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