IDIB000M374 IFSC Code, INDIAN BANK, MEDCHAL

IFSC Code of Indian Bank, Medchal, Telangana IFSC CODE & MICR CODE

INDIAN BANK, MEDCHAL - IDIB000M374

  • Bank name: INDIAN BANK

Bank Address: Hno13 2 78 3 Plot No 94 Survey No 79 Block No 14 Chandra Nagar Main Road Medchal Pin 501401

  • IFSC Code idib000m374
  • Bank Code IDIB
  • Bank name INDIAN BANK
  • Bank contact number +918919072901
  • Bank branch MEDCHAL
  • Bank ISO3166 Code IN-TG
  • Bank Center MEDCHAL MALKAJGIRI
  • MICR Code 501019006
  • State name TELANGANA
  • District name MEDCHAL MALKAJGIRI
  • City name MEDCHAL MALKAJGIRI
  • 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, MEDCHAL branch is IDIB000M374, ensures that your transactions are directed to the correct branch.

How to Use IDIB000M374 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 MEDCHAL 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.