IFSC Code: Idib000b113

Bank: Indian Bank
IFSC Code: Idib000b113
MICR Code: 243019202
Address: 437, Civil Line, Opp Suniti Nursing Home, Indra Chowk, Budaun, Uttar Pradesh 243601
City: Budaun
District: Budaun
State: Uttar Pradesh

IFSC is acronym of Indian Financial System Code. IFSC code is an alphanumeric code which is used to electronically transfer funds in India. This code uniquely identifies each bank branch participating in the two main Payment and settlement systems in India: (1.) the Real Time Gross Settlement (RTGS) and (2.) the National Electronic Fund Transfer (NEFT) systems.

The IFSC code is an 11-character code. Of which first four are alphabetic characters and last six are usually numeric but it can be alphabetic too.

First four characters represent bank name and last six characters represent branch. Eleventh character is reserved for future use.

Let's decode IFSC code Idib000b113.

  • In our case IFSC code's first four characters Idib represents bank Indian Bank.
  • Remaining characters which are 000b113 represents branch. In our case branch is located at address 437, Civil Line, Opp Suniti Nursing Home, Indra Chowk, Budaun, Uttar Pradesh 243601.

The easiest way to find IFSC code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.