IDIB000C070 IFSC Code, INDIAN BANK, COCOON MARKET

IFSC Code of Indian Bank, Cocoon Market, Andhra Pradesh IFSC CODE & MICR CODE

INDIAN BANK, COCOON MARKET - IDIB000C070

  • Bank name: INDIAN BANK

Bank Address: Suma Complex Patel Road Madanapalle Madanapalle Pin 517325

  • IFSC Code idib000c070
  • Bank Code IDIB
  • Bank name INDIAN BANK
  • Bank contact number +918571223341
  • Bank branch COCOON MARKET
  • Bank ISO3166 Code IN-AP
  • Bank Center MADANAPALLE
  • MICR Code 517019005
  • State name ANDHRA PRADESH
  • District name MADANAPALLE
  • City name CHITTOOR
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for INDIAN BANK, COCOON MARKET branch is IDIB000C070, ensures that your transactions are directed to the correct branch.

How to Use IDIB000C070 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the COCOON MARKET branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.