IFSC Code, MICR Codes for INDIAN BANK in TELANGANA - MEDAK - SANGAREDDY - SANGAREDDY

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


IFSC Code

IDIB000S265

MICR Code

WAITING

Branch

SANGAREDDY

Contact

275545

Address

5-1-107/A PWD MAIN ROAD BESIDE GOKUL HOSPITAL SANJEEVA NAGAR SANGAREDDY MEDAK DIST TELANGANA PIN - 502001

City

SANGAREDDY

District

MEDAK

State

TELANGANA





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

IDIB000S265

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.