IFSC Code, MICR Codes for INDIAN BANK in KERALA - KOTTAYAM - KOTTAYAM - KOTTAYAM

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


IFSC Code

IDIB000K050

MICR Code

686019005

Branch

KOTTAYAM

Contact

0

Address

P B NO. 105CSI BUILDING BAKER JUNCTIONKOTTAYAM 686001

City

KOTTAYAM

District

KOTTAYAM

State

KERALA





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

IDIB000K050

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.