Indian Bank – BISWANATH CHARIALI (IFSC Code)
| Bank Name | Indian Bank |
| IFSC Code | IDIB000B196 |
| MICR Code | 784019202 |
| Branch | BISWANATH CHARIALI |
| Address | 1ST FLOOR CHARIALI SUPER MARKET WARD NO 12 B G ROAD BISWANATH CHARIALI PIN 784176 |
| City | BISWANATH |
| District | BISWANATH |
| State | ASSAM |
Frequently Asked Questions
What is the IFSC Code of Indian Bank BISWANATH CHARIALI?
The IFSC code is IDIB000B196 for the BISWANATH CHARIALI branch of Indian Bank.
What is the address of Indian Bank BISWANATH CHARIALI?
The branch is located at 1ST FLOOR CHARIALI SUPER MARKET WARD NO 12 B G ROAD BISWANATH CHARIALI PIN 784176, in the city of BISWANATH, BISWANATH, ASSAM.
In which district does Indian Bank BISWANATH CHARIALI fall?
This branch is situated in the BISWANATH district of Assam.
What is the MICR Code of Indian Bank?
The MICR code for this branch is 784019202.
Branch Code vs IFSC Code vs MICR Code: Essential Banking Identifiers Explained
Are you confused about different banking codes? Understanding the unique purposes of branch codes, IFSC codes, and MICR codes is crucial for smooth banking transactions. Let’s break down these essential banking identifiers and their specific functions.
What is a Branch Code?
Branch codes are unique identifiers that distinguish individual bank branches within the same network. These alphanumeric combinations help with:
- Internal bank operations
- Record-keeping systems
- Customer service tracking
- Administrative processes
Understanding IFSC Codes
The Indian Financial System Code (IFSC) is critical for electronic fund transfers in India. This 11-character alphanumeric code:
- Is assigned by the Reserve Bank of India
- Enables NEFT and RTGS transactions
- Ensures accurate routing between banks
- Minimizes transaction errors and delays
The Role of MICR Codes
Magnetic Ink Character Recognition (MICR) technology authenticates banks on documents like cheques. MICR codes:
- Use special magnetic ink printing
- Appear at the bottom of cheques
- Enable automated cheque processing
- Identify the specific bank and branch of origin
Why These Banking Codes Matter
While serving different purposes, these banking identifiers collectively ensure secure, efficient financial transactions. Branch codes facilitate internal operations, IFSC codes enable electronic transfers, and MICR codes authenticate cheque processing—each playing a vital role in modern banking infrastructure.
Understanding these distinctions helps consumers navigate banking systems more effectively and ensures smoother financial operations.