IFSC Code, MICR Codes for INDIAN BANK in ANDHRA PRADESH - PRAKASAM - SAKHAVARAM - SAKHAVARAM

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


IFSC Code

IDIB000S068

MICR Code

523019095

Branch

SAKHAVARAM

Contact

0

Address

POKURU SAKHAVARAM 523113

City

SAKHAVARAM

District

PRAKASAM

State

ANDHRA PRADESH





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

IDIB000S068

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.