INDB0000975 IFSC Code for Indusind Bank Ltd (IBL) Bhadeli Jagalala branch located at Gujarat state, Navsari district, Bhadeli Jagalala, and branch Address is Ground Floor Opp Hingraj Mata Temple Village Bhadeli Jagalala Valsad 396 031 Gujarat, Branch Contact numbers 656365 Branch code is 000975 last six characters of the IFSC Code.
Branch Information Last updated Jul 18, 2016
IFSC: INDB0000975
MICR:
396234504
Branch Code: 000975
Address: GROUND FLOOR OPP HINGRAJ MATA TEMPLE VILLAGE BHADELI JAGALALA VALSAD 396 031 GUJARAT
Contact: 656365
Map Location of Bhadeli Jagalala, Navsari, Gujarat
What is IFSC Code INDB0000975?
IFSC or Indian Financial System Code is an alpha-numeric code that uniquely identifies a bank-branch participating in the NEFT system.
This is an 11 digit code with the first 4 alpha characters representing the bank, and the last 6 characters representing the branch.
The 5th character is 0 (zero).
IFSC is used by the NEFT system to identify the originating / destination banks / branches and also to route the messages appropriately to the concerned banks / branches.
IFSC is 11 alpha numeric characters code assigned by Reserve Bank of India to bank branches for facilitating online money / fund transfer using NEFT, RTGS or ECS between two bank accounts.
- The code consists of 11 Characters : (INDB0000975) 11 alpha numeric characters code assigned by Reserve Bank of India to Indusind Bank Ltd (IBL) Bhadeli Jagalala Branch
- First 4 characters represent the entity (INDB0000975)
- Fifth position has been defaulted with a '0' (Zero) for future use (ICIC0000975)
- Last 6 character denotes the branch identity (ICIC0000975)
What is MICR Code 396234504?
Magnetic ink character recognition (MICR) is a character recognition technology used primarily by the banking industry to facilitate the processing of cheques.
MICR characters are printed in special typefaces with a magnetic ink or toner, usually containing iron oxide. A special machine is used to read these characters, which can be easily read by humans too.
The characters are usually printed on the bottom strip of cheque leaf.
This MICR code is used By RBI (Reserve bank Of India) clearing process to identify the branch and bank for clearing processes.
MICR 396234504 is 9 digits code printed on cheques to facilitate and expedite clearance of cheques in banking system.
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