IDIB000N020 IFSC Code, INDIAN BANK, NEMILI

IFSC Code of Indian Bank, Nemili, Tamil Nadu IFSC CODE & MICR CODE

INDIAN BANK, NEMILI - IDIB000N020

  • Bank name: INDIAN BANK

Bank Address: 11a Arakkonam Road Street Nemili Nemili Pin 631051

  • IFSC Code idib000n020
  • Bank Code IDIB
  • Bank name INDIAN BANK
  • Bank contact number +914177247224
  • Bank branch NEMILI
  • Bank ISO3166 Code IN-TN
  • Bank Center NEMILI
  • MICR Code 631019026
  • State name TAMIL NADU
  • District name NEMILI
  • City name RANIPET
  • 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, NEMILI branch is IDIB000N020, ensures that your transactions are directed to the correct branch.

How to Use IDIB000N020 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 NEMILI 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.