IFSC Code, MICR Codes for INDIAN BANK in TAMIL NADU - NILGIRIS - UDHAGAMANDALAM - BALACOLA

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


IFSC Code

IDIB000B178

MICR Code

643019103

Branch

BALACOLA

Contact

2590280

Address

6TH MILE MAHALINGA NAGAR MUDUGULA POST BALACOLA NILGIRIS DIST TAMILNADU PIN-643003

City

UDHAGAMANDALAM

District

NILGIRIS

State

TAMIL NADU





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

IDIB000B178

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.