IFSC Code, MICR Codes for INDIAN BANK in ANDHRA PRADESH - EAST GODAVARI - KAKINADA - MADHAVAPATNAM

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


IFSC Code

IDIB000M279

MICR Code

NA

Branch

MADHAVAPATNAM

Contact

2371699

Address

D NO 4 346HIGH SCHOOL ROADMADHAVAPATNAMEAST GODAVARI DISTANDHRA PRADESHPIN 533 005

City

KAKINADA

District

EAST GODAVARI

State

ANDHRA PRADESH





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

IDIB000M279

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.