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

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


IFSC Code

IDIB000S034

MICR Code

600019054

Branch

SOWCARPET

Contact

0

Address

70 N S C BOSE ROAD SOWCARPET CHENNAI 6000079 PH:

City

CHENNAI

District

CHENNAI

State

TAMIL NADU





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

IDIB000S034

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.