IDIB000M587 IFSC Code, INDIAN BANK, GAYATRINAGAR MALKAJGIRI

IFSC Code of Indian Bank, Gayatrinagar Malkajgiri, Telangana IFSC CODE & MICR CODE

INDIAN BANK, GAYATRINAGAR MALKAJGIRI - IDIB000M587

  • Bank name: INDIAN BANK

Bank Address: 42482/53/a Seetharama Nilayam Gayatrinagar Lane Beside Radhika Theatre Moulali Pin 500040

  • IFSC Code idib000m587
  • Bank Code IDIB
  • Bank name INDIAN BANK
  • Bank contact number +917995077902
  • Bank branch GAYATRINAGAR MALKAJGIRI
  • Bank ISO3166 Code IN-TG
  • Bank Center HYDERABAD
  • MICR Code 500019075
  • State name TELANGANA
  • District name HYDERABAD
  • City name HYDERABAD
  • 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, GAYATRINAGAR MALKAJGIRI branch is IDIB000M587, ensures that your transactions are directed to the correct branch.

How to Use IDIB000M587 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 GAYATRINAGAR MALKAJGIRI 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.