What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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Idfc Bank Limited Idar Branch Sabar Kantha Branch IFSC/MICR Code Details
Bank Name IDFC BANK LIMITED
Address First Floor, Unit No 1 2 3 4 AND 5, Shree Preet Complex, Nagar Road, Idar (City) Gujarat 383430, Toll Free No 1800 419 8332
State GUJARAT
District SABAR KANTHA
Branch IDAR BRANCH
IFSC Code IDFB0040372
Branch Code 040372 (Last six characters of IFSC code represent Branch code.)
MICR Code 383751031
Contact Phone 0
via https://bankingzone.in/ifsc

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