INDIAN BANK BALWA IFSC CODE Quick Search

IFSC Code

MICR Code

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What is INDIAN BANK BALWA ifsc code

IFSC Code (The Indian Financial System Code) is an alphanumeric code which is used to transfer electronic funds in India.

INDIAN BANK BALWA ifsc code is a Unique code which identifies each bank branch. The main purpose of IFSC Code is to participate each bank branch in the two main payment and settlement systems in India.

1) RTGS : Real Time Gross Settlement
2) NEFT : National Electronic Fund Transfer

INDIAN BANK BALWA ifsc code Format:

The IFSC Code is an 11-characters code. First four alphabetic characters ( position 1 to 4) represents BankName and Last Six charactes ( Position from 6-11) which can be alphanumeric represents Bank Branch. The fifth character is 0 (zero) which is reserved for future use.

1 2 3 4 5 6 7 8 9 10 11
Bank Code 0 Branch Code

For Example :

INDIAN BANK BALWA ifsc code : IDIB000B154 is 11 digit Unique IFSC Code.

First 4 characters represents Bank Code : IDIB for Bank : INDIAN BANK

5th character is Zero and it is reserved for future reference

Last 6 characters represents Branch Code : 00B154 for Bank Branch BALWA

Anatomy of a Cheque

INDIAN BANK BALWA ifsc code -cheque

The above image represent cheque format which locates IFSC Code and MICR Code in Red Box

What is MICR Code for indian bank balwa

MICR code for indian bank balwa represents Magnetic Ink Character Recognition technology which is printed on cheques. This MICR Code is used for the identification of the cheques for faster processing.

MICR Code is a Unique code which identifies each bank branch. The main purpose of MICR Code is to participate each bank branch in an Electronic Clearing System (ECS).

Where is MICR Code for indian bank balwa on Cheque:

MICR Code for indian bank balwa can be found at the bottom of the cheque. As shown in above image MICR Code is shown inside Red rectangle at the bottom of the cheque.

MICR Code Format for indian bank balwa :

MICR Code for indian bank balwa is an 9-digit code. First three digits ( position 1 to 3) represents City Code, Next 3 Digits ( Position from 4-7) Bank Code and Last 3 Digits ( Position from 7-9) represents Branch Code.

1 2 3 4 5 6 7 8 9
City Code Bank Code Branch Code

For Example :

MICR Code for INDIAN BANK : NA is 9 digit Unique MICR Code.

First 3 digits represents CityCode Code : NA for City : BALWA

Middle 3 digits reprents Bank Code: NA for Bank : INDIAN BANK

Last 3 digits represents Branch Code : NA for Bank Branch BALWA

INDIAN BANK All Branch IFSC Code List for City BALWA

indian bank balwa ifsc code

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