IFSC Code, MICR Codes for INDIAN BANK in ANDHRA PRADESH - CHITTOOR - THAMBALAPALLE - KOSUVARIPALLI

INDIAN BANK RTGS HO Branch in THAMBALAPALLE - Address, IFSC, MICR Code


IFSC Code

IDIB000K203

MICR Code

517019642

Branch

KOSUVARIPALLI

Contact

0

Address

28/43 MAIN ROAD KOSUVARIPALLI

City

THAMBALAPALLE

District

CHITTOOR

State

ANDHRA PRADESH





What is IFSC Code of INDIAN BANK situated at KOSUVARIPALLI- RTGS-HO?
IFSC Code of INDIAN BANK situated at KOSUVARIPALLI - RTGS-HO is

IDIB000K203

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.