IFSC Code, MICR Codes for INDIAN BANK in TAMIL NADU - VIRUDHUNAGAR - SIVAKASI - SIVAKASI

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


IFSC Code

IDIB000S124

MICR Code

626019098

Branch

SIVAKASI

Contact

0

Address

55 NEW ROADSIVAKASI VIRUDHUNAGAR626123

City

SIVAKASI

District

VIRUDHUNAGAR

State

TAMIL NADU





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

IDIB000S124

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.