IDIB000M398 IFSC Code, INDIAN BANK, MICROSATE PALAMANER

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

INDIAN BANK, MICROSATE PALAMANER - IDIB000M398

  • Bank name: INDIAN BANK

Bank Address: Microsate Palamaner, Beside Sri Venkateswara Ortho And Trauma Hospital, Madanapalli Road, Palamaner, Andhra Pradesh 517408

  • IFSC Code idib000m398
  • Bank Code IDIB
  • Bank name INDIAN BANK
  • Bank contact number +919948856722
  • Bank branch MICROSATE PALAMANER
  • Bank ISO3166 Code IN-AP
  • Bank Center PALAMANER
  • MICR Code 517019039
  • State name ANDHRA PRADESH
  • District name PALAMANER
  • City name CHITOOR
  • 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 PALAMANER branch is IDIB000M398, ensures that your transactions are directed to the correct branch.

How to Use IDIB000M398 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 PALAMANER 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.