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 Palani Dindigul Branch IFSC/MICR Code Details
Bank Name INDIAN BANK
Address P.B. NO.2, CONVENT ROAD PALANI DINDIGUL 624601
State TAMIL NADU
District DINDIGUL
Branch PALANI
IFSC Code IDIB000P014
Branch Code 00P014 (Last six characters of IFSC code represent Branch code.)
MICR Code 624019096
Contact Phone 0
via https://bankingzone.in/ifsc

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