IFSC Code, MICR Codes for INDIAN BANK in TAMIL NADU - MADURAI - MADURAI - CUMBUM

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


IFSC Code

IDIB000C131

MICR Code

625019030

Branch

CUMBUM

Contact

0

Address

196 L F ROAD CUMBUM THENI DISTRICT 625516

City

MADURAI

District

MADURAI

State

TAMIL NADU





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

IDIB000C131

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.