IFSC Code, MICR Codes for INDIAN BANK in TAMIL NADU - NAMAKKAL - KOMARAPALAYAM - KOMARAPALAYAM

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


IFSC Code

IDIB000K045

MICR Code

638019007

Branch

KOMARAPALAYAM

Contact

0

Address

KOMARAPALAYAMP B NO 149 62 -63 SALEM MAIN ROAD 638183

City

KOMARAPALAYAM

District

NAMAKKAL

State

TAMIL NADU





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

IDIB000K045

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.