IFSC Code, MICR Codes for INDIAN BANK in TAMIL NADU - NAGAPATTINAM - KOLLADAM - KOLLIDAM

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


IFSC Code

IDIB000K142

MICR Code

609019004

Branch

KOLLIDAM

Contact

0

Address

6 NEW STREET KOLLIDAM NAGAPATTINAM 609102

City

KOLLADAM

District

NAGAPATTINAM

State

TAMIL NADU





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

IDIB000K142

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.