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

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


IFSC Code

IDIB000V080

MICR Code

600019102

Branch

VALASARAVAKKAM

Contact

0

Address

NO.118-119 INDIRA NAGAR ARCOT ROADCHENNAI600087

City

VALASARAVAKKAM

District

TIRUVALLUR

State

TAMIL NADU





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

IDIB000V080

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.