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

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


IFSC Code

IDIB000E015

MICR Code

521019005

Branch

EDARA

Contact

0

Address

MUNCIPAL WARD NO 6 EDARA 521211

City

EDARA

District

KRISHNA

State

ANDHRA PRADESH





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

IDIB000E015

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.