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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Indian Bank Silchar Cachar Branch IFSC/MICR Code Details
Bank Name INDIAN BANK
Address NAZIRPATTY SILCHARASSAM788001
State ASSAM
District CACHAR
Branch SILCHAR
IFSC Code IDIB000S055
Branch Code 00S055 (Last six characters of IFSC code represent Branch code.)
MICR Code 788019091
Contact Phone 0
via https://bankingzone.in/ifsc

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