IFSC Code, MICR Codes for INDIAN BANK in ANDHRA PRADESH - VISHAKHAPATNAM - VISAKHAPATNAM - MVP COLONY

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


IFSC Code

IDIB000M308

MICR Code

WAITING

Branch

MVP COLONY

Contact

9701954856

Address

NO 1-33-13PLOT NO.2 SECTOR NO.3 MVP DOUBLE ROAD VISAKHAPATNAM ANDHRA PRADESH PIN-530017

City

VISAKHAPATNAM

District

VISHAKHAPATNAM

State

ANDHRA PRADESH





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

IDIB000M308

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.