IFSC Code, MICR Codes for INDIAN BANK in KERALA - KOLLAM - PARAVOOR - PARAVUR

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


IFSC Code

IDIB000P023

MICR Code

691019008

Branch

PARAVUR

Contact

0

Address

D NO PMC VIII/7 PARAVUR KOLLAM 691301

City

PARAVOOR

District

KOLLAM

State

KERALA





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

IDIB000P023

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.