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

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


IFSC Code

IDIB000P094

MICR Code

638019009

Branch

PARANJERVAZHI

Contact

0

Address

THITTUPARAI NATHAKATTU VALASU PO KANGEYAM ERODE 638701

City

PARANJERVAZHI

District

ERODE

State

TAMIL NADU





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

IDIB000P094

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.