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

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


IFSC Code

IDIB000M197

MICR Code

625019019

Branch

MICROSATE BRANCH MADURAI

Contact

0

Address

1ST FLOOR 73 ALAGARKOIL ROAD AMERICAN COLLEGE BUILDING TALLAKULAM MADURAI 625 002

City

MADURAI

District

MADURAI

State

TAMIL NADU





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

IDIB000M197

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.