IDIB000M170 IFSC Code, INDIAN BANK, MICROSATE KOLLAM

IFSC Code of Indian Bank, Microsate Kollam, Kerala IFSC CODE & MICR CODE

INDIAN BANK, MICROSATE KOLLAM - IDIB000M170

  • Bank name: INDIAN BANK

Bank Address: Iind Floor Indian Bank Towers Main Road Kollam Kerala Pin 691001

  • IFSC Code idib000m170
  • Bank Code IDIB
  • Bank name INDIAN BANK
  • Bank contact number +914742741490
  • Bank branch MICROSATE KOLLAM
  • Bank ISO3166 Code IN-KL
  • Bank Center KOLLAM
  • MICR Code 691019091
  • State name KERALA
  • District name KOLLAM
  • City name KOLLAM
  • 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, MICROSATE KOLLAM branch is IDIB000M170, ensures that your transactions are directed to the correct branch.

How to Use IDIB000M170 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 MICROSATE KOLLAM 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.