IFSC Code, MICR Codes for INDIAN BANK in TAMIL NADU - ERODE - KADAIYUR - KADAIYUR

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


IFSC Code

IDIB000K102

MICR Code

638019097

Branch

KADAIYUR

Contact

0

Address

KADAIYUR 106 KOVAI MAIN ROAD KADAIYUR 638701

City

KADAIYUR

District

ERODE

State

TAMIL NADU





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

IDIB000K102

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.