IFSC Code, MICR Codes for INDIAN BANK in ANDHRA PRADESH - GUNTUR - GUNTUR - MICROSATE BRANCH GUNTUR

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


IFSC Code

IDIB000M226

MICR Code

520019107

Branch

MICROSATE BRANCH GUNTUR

Contact

0

Address

22-2-95. CLOTH BAZAR CHOWTRA GUNTUR 522003

City

GUNTUR

District

GUNTUR

State

ANDHRA PRADESH





What is IFSC Code of INDIAN BANK situated at MICROSATE BRANCH GUNTUR- RTGS-HO?
IFSC Code of INDIAN BANK situated at MICROSATE BRANCH GUNTUR - RTGS-HO is

IDIB000M226

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.