IFSC Code, MICR Codes for INDIAN BANK in TAMIL NADU - CHENNAI - CHENNAI - PERAMBUR MARKET

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


IFSC Code

IDIB000P218

MICR Code

600019243

Branch

PERAMBUR MARKET

Contact

9841378075

Address

OLD NO.33NEW NO.73MADHAVARAM HIGH ROADPERAMBURCHENNAITAMIL NADUPIN 600011

City

CHENNAI

District

CHENNAI

State

TAMIL NADU





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

IDIB000P218

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.