IDIB000E505 IFSC Code, INDIAN BANK, SATRAMPADU ELURU

IFSC Code of Indian Bank, Satrampadu Eluru, Andhra Pradesh IFSC CODE & MICR CODE

INDIAN BANK, SATRAMPADU ELURU - IDIB000E505

  • Bank name: INDIAN BANK

Bank Address: Ground Floor Siddhartha Vidyalaya Satrampadu Satrampadu Industrial Estate Pin 534007

  • IFSC Code idib000e505
  • Bank Code IDIB
  • Bank name INDIAN BANK
  • Bank contact number +917093443411
  • Bank branch SATRAMPADU ELURU
  • Bank ISO3166 Code IN-AP
  • Bank Center SATRAMPADU
  • MICR Code 534019019
  • State name ANDHRA PRADESH
  • District name SATRAMPADU
  • City name WEST GODAVARI
  • 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, SATRAMPADU ELURU branch is IDIB000E505, ensures that your transactions are directed to the correct branch.

How to Use IDIB000E505 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 SATRAMPADU ELURU 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.