What is IFSC Code of Indian Bank Ratlam Branch in Ratlam, Madhya Pradesh ?
The Indian Financial System Code (IFSC) is an alphanumeric code that uniquely identifies a Bank-Branch participating in National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) Electronic Funds Settlement Systems in India. IFSC Code of Indian Bank is provided by RBI. Indian Bank IFSC Code identifies branch which participate in online fund transfers. IFSC code Indian Bank Branch is a unique code for branch. Indian Bank IFSC Code consists of 11 Characters:
(ex. AAAA00654321)
• First 4 characters represent the entity (AAAAxxxxxxx)
• Fifth position has been defaulted with a '0' (Zero) for future use (xxxx0xxxxxx)
• Last 6 character denotes the branch identity (xxxxx654321)
Indian Bank Ratlam Branch IFSC Code IDIB000R054 & MICR 457019002 Madhya Pradesh State Ratlam District located Indian Bank Ratlam Branch Address is POWER HOUSE ROAD NEAR SAILANA BUS STAND RATLAM MADHYA PRADESH 457001 Contact No Indian Bank Ratlam email id ifsc code is IDIB000R054 & micr is 457019002
What is SWIFT CODE of Indian Bank Ratlam Branch in Ratlam, Madhya Pradesh ?
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) (also known as ISO 9362, SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions. When assigned to a non-financial institution, a code may also be known as a Business Entity Identifier or BEI. These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. SWIFT and BIC codes are basically the same. The SWIFT code is 8 or 11 characters
Example: AAAAUK5CXXX
• AAAA 4 letters: Institution Code or bank code.
• UK 2 letters: ISO 3166-1 alpha-2 country code
• 5C 2 letters or digits: location code
• If the second character is "0", then it is typically a test BIC as opposed to a BIC used on the live network.
• If the second character is "1", then it denotes a passive participant in the SWIFT network
• If the second character is "2", then it typically indicates a reverse billing BIC, where the recipient pays for the message as opposed to the more usual mode whereby the sender pays for the message.
• XXX 3 letters or digits: branch code, optional ('XXX' for primary office)
Where an 8-digit code is given, it may be assumed that it refers to the primary office.
Indian Bank of Ratlam Branch IFSC code IDIB000R054, MICR NO 457019002 is in Ratlam district of Madhya Pradesh State. Indian Bank Customer care email [email protected], Credit Card : [email protected]. Indian Bank Customer care phone number 1800 425 00 000, 1800 425 4422, .
How to use Indian Bank Ratlam Branch SWIFT, BIC Code in Ratlam, Madhya Pradesh
Bank Identifier Code (BIC), SWIFT codes and Routing Code are basically the same. Indian Bank SWIFT Code Bank used to Transfer fund to International banks branches. SWIFT, BIC Code Bank is provided the broadest coverage of national bank identifiers. BIC/SWIFT Code is identifying Bank Country branches. BIC Code of Indian Bank is unique for each branch. These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks.
MICR code for Indian Bank Ratlam Branch is 457019002. This MICR code 457019002 is used to get bank account details of customer for cheque clearance.
What is MICR No of Indian Bank Ratlam Branch in Ratlam, Madhya Pradesh and how is it used by a bank?
Magnetic ink character recognition (MICR) code can be seen on bottom of cheque leaf. Indian Bank Ratlam MICR No is 457019002 used by bank to process clearing of cheques and other operations. This code is printed by special ink and information can be read by using specific readers. MICR code Indian Bank give information about bank code and account details of account holder etc. MICR code is made up of nine digits in which first 3 digits show name of city, Next 3 digits shows code of bank and last 3 digits shows name of branch of bank. MICR codes are for secure transaction.
IFSC code for Indian Bank Ratlam branch IFSC Code is IDIB000R054. IFSC code is also available at bottom of cheque of INDIAN BANK. This code IDIB000R054 is helpful to know RATLAM branch details of the Indian Bank when we made online transaction of fund through NEFT,RTGS,mobile banking, bill payments, Credit card payment, online booking etc.