IDIB000M507 IFSC Code, INDIAN BANK, MICROSATE MACHILIPATNAM

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

INDIAN BANK, MICROSATE MACHILIPATNAM - IDIB000M507

Bank name: INDIAN BANK

Bank Address: 25/271 272 Kojjilipeta Machilipatnam Kojjilipeta Pin 521001

IFSC Code idib000m507
Bank Code IDIB
Bank name INDIAN BANK
Bank contact number +917386999237
Bank branch MICROSATE MACHILIPATNAM
Bank ISO3166 Code IN-AP
Bank Center MACHILIPATNAM
MICR Code 521019028
State name ANDHRA PRADESH
District name MACHILIPATNAM
City name KRISHNA
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 MACHILIPATNAM branch is IDIB000M507, ensures that your transactions are directed to the correct branch.

How to Use IDIB000M507 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 MACHILIPATNAM 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.