IFSC Code, MICR Codes for INDIAN BANK in TAMIL NADU - COIMBOTORE - COIMBATORE - PEELAMEDU

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


IFSC Code

IDIB000S107

MICR Code

641019004

Branch

PEELAMEDU

Contact

0

Address

CIT COLLEGE CAMPUS AERODROME POST PEELAMEDU COIMBATORE PIN 641014

City

COIMBATORE

District

COIMBOTORE

State

TAMIL NADU





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

IDIB000S107

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.