Indian Bank IFSC Code IDIB000V026

Indian Bank – VISAKHAPATNAM

IFSC Code: IDIB000V026

MICR Code: 530019001

Branch: VISAKHAPATNAM

Bank: Indian Bank

Address: LORVEN PLAZA, BEHIND VIMAL SHOWROOM, DABA GARDENS, VISAKHAPATNAM PIN 530020 PH:

District: VISHAKAPATNAM

State: ANDHRA PRADESH

Contact:

Indian Financial System Code (IFSC): IDIB000V026

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 00V026. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 530019001

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.