IDIB000M049 IFSC Code, INDIAN BANK, MATUNGA BAZAAR

IFSC Code of Indian Bank, Matunga Bazaar, Maharashtra IFSC CODE & MICR CODE

INDIAN BANK, MATUNGA BAZAAR - IDIB000M049

  • Bank name: INDIAN BANK

Bank Address: 266a Temple Avenue Deodhar Road Matunga Bazaar Matunga East Pin 400019

  • IFSC Code idib000m049
  • Bank Code IDIB
  • Bank name INDIAN BANK
  • Bank contact number +912224142564
  • Bank branch MATUNGA BAZAAR
  • Bank ISO3166 Code IN-MH
  • Bank Center MATUNGA BAZAAR
  • MICR Code 400019017
  • State name MAHARASHTRA
  • District name MATUNGA BAZAAR
  • City name MUMBAI
  • 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, MATUNGA BAZAAR branch is IDIB000M049, ensures that your transactions are directed to the correct branch.

How to Use IDIB000M049 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 MATUNGA BAZAAR 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.