IFSC Code, MICR Codes for INDIAN BANK in TAMIL NADU - TIRUVALLUR - PALLAVAKKAM - PALAVAKKAM

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


IFSC Code

IDIB000P114

MICR Code

602019097

Branch

PALAVAKKAM

Contact

0

Address

163 BAZAAR STREET PALAVAKKAM VILLAGE UTHUKOTTAI TALUK TIRUVALLUR 602028

City

PALLAVAKKAM

District

TIRUVALLUR

State

TAMIL NADU





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

IDIB000P114

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.