IFSC Code, MICR Codes for INDIAN BANK in ANDHRA PRADESH - MEDAK - SETTIPALI KALAN - SETTIPALLI KALAN

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


IFSC Code

IDIB000S224

MICR Code

NA

Branch

SETTIPALLI KALAN

Contact

0

Address

SETTIPALLI KALAN VILLAGEYELDURTHYMEDAK DISTANDHRA PRADESHPIN 502117

City

SETTIPALI KALAN

District

MEDAK

State

ANDHRA PRADESH





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

IDIB000S224

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.