IFSC Code, MICR Codes for INDUSIND BANK in ANDHRA PRADESH - VISAKHAPATNAM - VISAKHAPATNAM - VISAKHAPATNAM

INDUSIND BANK RTGS HO Branch in VISAKHAPATNAM - Address, IFSC, MICR Code


IFSC Code

INDB0000581

MICR Code

530234001

Branch

VISAKHAPATNAM

Contact

0

Address

CDR HOSPITAL A. S. RAJA COMPLEX 'WALTAIR MAIN ROAD VISAKHAPATNAM 530 002

City

VISAKHAPATNAM

District

VISAKHAPATNAM

State

ANDHRA PRADESH





What is IFSC Code of INDUSIND BANK situated at VISAKHAPATNAM- RTGS-HO?
IFSC Code of INDUSIND BANK situated at VISAKHAPATNAM - RTGS-HO is

INDB0000581

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.