IFSC Code, MICR Codes for INDIAN BANK in ANDHRA PRADESH - HYDERABAD - HYDERABAD - S R NAGAR

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


IFSC Code

IDIB000S257

MICR Code

WAITING

Branch

S R NAGAR

Contact

9849998654

Address

NO 2A VENGALRAONAGAR S R NAGAR MAIN ROAD HYDERABAD TELANGANA PIN-500038

City

HYDERABAD

District

HYDERABAD

State

ANDHRA PRADESH





What is IFSC Code of INDIAN BANK situated at S R NAGAR- RTGS-HO?
IFSC Code of INDIAN BANK situated at S R NAGAR - RTGS-HO is

IDIB000S257

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.