IDIB000M199 IFSC Code, INDIAN BANK, MICROSATE ELURU

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

INDIAN BANK, MICROSATE ELURU - IDIB000M199

  • Bank name: INDIAN BANK

Bank Address: 22c1018 Badeti Vari Street Near Andhra Bank Powerpet Eluru Pin 534002

  • IFSC Code idib000m199
  • Bank Code IDIB
  • Bank name INDIAN BANK
  • Bank contact number +918812223123
  • Bank branch MICROSATE ELURU
  • Bank ISO3166 Code IN-AP
  • Bank Center POWERPET
  • MICR Code 534019090
  • State name ANDHRA PRADESH
  • District name POWERPET
  • 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, MICROSATE ELURU branch is IDIB000M199, ensures that your transactions are directed to the correct branch.

How to Use IDIB000M199 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 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.