IFSC Code, MICR Codes for INDUSIND BANK in TAMIL NADU - CHENNAI - VELACHERRY - VELACHERRY

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


IFSC Code

INDB0000606

MICR Code

600234019

Branch

VELACHERRY

Contact

22590228

Address

GR FLR DEV APARTMENTS 28A 1 VENKATESHWARA NGR 100FT BYE PASS RD VELACHERY CHENNAI 600042 TAMILNADU

City

VELACHERRY

District

CHENNAI

State

TAMIL NADU





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

INDB0000606

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.