IFSC Code, MICR Codes for INDIAN BANK in ANDHRA PRADESH - KRISHNA - AVANIGADDA - AVANIGADDA

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


IFSC Code

IDIB000A037

MICR Code

521019012

Branch

AVANIGADDA

Contact

0

Address

NAGAYALANKA ROAD AVANIGADDA KRISHNA 521121

City

AVANIGADDA

District

KRISHNA

State

ANDHRA PRADESH





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

IDIB000A037

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.