IDIB000M534 IFSC Code, INDIAN BANK, MAGUDAN CHAVADI

IFSC Code of Indian Bank, Magudan Chavadi, Tamil Nadu IFSC CODE & MICR CODE

INDIAN BANK, MAGUDAN CHAVADI - IDIB000M534

  • Bank name: INDIAN BANK

Bank Address: Ganesan Complex Magudanchavadi Magudanchavadi Post Sankari Tk Pin 637103

  • IFSC Code idib000m534
  • Bank Code IDIB
  • Bank name INDIAN BANK
  • Bank contact number +914283257713
  • Bank branch MAGUDAN CHAVADI
  • Bank ISO3166 Code IN-TN
  • Bank Center SALEM
  • MICR Code 636019072
  • State name TAMIL NADU
  • District name SALEM
  • City name SALEM
  • 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, MAGUDAN CHAVADI branch is IDIB000M534, ensures that your transactions are directed to the correct branch.

How to Use IDIB000M534 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 MAGUDAN CHAVADI 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.