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

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


IFSC Code

IDIB000V033

MICR Code

521019004

Branch

VATSAVAYI

Contact

0

Address

2/119 BANK STREET VATSAVAYI KRISHNA DT 521402

City

VATSAVAYI

District

KRISHNA

State

ANDHRA PRADESH





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

IDIB000V033

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.