IDIB000R125 IFSC Code, INDIAN BANK, RAYACHOTI

IFSC Code of Indian Bank, Rayachoti, Andhra Pradesh IFSC CODE & MICR CODE

INDIAN BANK, RAYACHOTI - IDIB000R125

  • Bank name: INDIAN BANK

Bank Address: 64/116 Kadapa Road Near Old Petrol Bunk Rayachoti Pin 516269

  • IFSC Code idib000r125
  • Bank Code IDIB
  • Bank name INDIAN BANK
  • Bank contact number +918561251188
  • Bank branch RAYACHOTI
  • Bank ISO3166 Code IN-AP
  • Bank Center YSR KADAPA
  • MICR Code 516019998
  • State name ANDHRA PRADESH
  • District name YSR KADAPA
  • City name YSR KADAPA
  • 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, RAYACHOTI branch is IDIB000R125, ensures that your transactions are directed to the correct branch.

How to Use IDIB000R125 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 RAYACHOTI 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.