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

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


IFSC Code

IDIB000M200

MICR Code

533019502

Branch

MANDAPETA

Contact

0

Address

34-16-13 DWARAPUDI ROAD MANDAPETA 533308

City

MANDAPETA

District

EAST GODAVARI

State

ANDHRA PRADESH





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

IDIB000M200

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.