IFSC Code, MICR Codes for INDIAN BANK in TAMIL NADU - KANCHEEPURAM - KOOVATHUR - KOOVATHUR

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


IFSC Code

IDIB000K105

MICR Code

603019004

Branch

KOOVATHUR

Contact

0

Address

BAZAAR STREET KOOVATHUR KANCHEEPURAM 603305

City

KOOVATHUR

District

KANCHEEPURAM

State

TAMIL NADU





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

IDIB000K105

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.