IFSC Code, MICR Codes for INDIAN BANK in ANDHRA PRADESH - CHITTOR - AVILALA - AVILALA

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


IFSC Code

IDIB000A116

MICR Code

517019007

Branch

AVILALA

Contact

0

Address

19-12-226 BAIRAGIPATTEDA AVILALA TIRUPATHI 517501

City

AVILALA

District

CHITTOR

State

ANDHRA PRADESH





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

IDIB000A116

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.