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

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


IFSC Code

IDIB000M004

MICR Code

625019002

Branch

MADURAI MAIN

Contact

0

Address

P B NO.25 100 &101 EAST AVANI MOOLA STREET MADURAI 625001 PH:

City

MADURAI

District

MADURAI

State

TAMIL NADU





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

IDIB000M004

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.