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 Iraniwadi Kandivali West Greater Mumbai Branch IFSC/MICR Code Details
Bank Name INDIAN BANK
Address NO.401402, FOGLA HOUSE SHOP NO.2 TO 8, GROUND FLOOR HEMUKALYANI CROSS ROAD OFF.MATHURDAS ROAD,IRANIWADI, KANDIVALI (WEST),MUMBAI 400 067
State MAHARASHTRA
District GREATER MUMBAI
Branch IRANIWADI KANDIVALI WEST
IFSC Code IDIB000I018
Branch Code 00I018 (Last six characters of IFSC code represent Branch code.)
MICR Code 400019056
Contact Phone 0
via https://bankingzone.in/ifsc

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