IDIB000S257 IFSC Code, INDIAN BANK, S R NAGAR

IFSC Code of Indian Bank, S R Nagar, Telangana IFSC CODE & MICR CODE

INDIAN BANK, S R NAGAR - IDIB000S257

  • Bank name: INDIAN BANK

Bank Address: 2a Vengalrao Nagar S R Nagar Main Road S R Nagar Pin 500038

  • IFSC Code idib000s257
  • Bank Code IDIB
  • Bank name INDIAN BANK
  • Bank contact number +914023811497
  • Bank branch S R NAGAR
  • Bank ISO3166 Code IN-TG
  • Bank Center HYDERABAD
  • MICR Code 500019050
  • 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, S R NAGAR branch is IDIB000S257, ensures that your transactions are directed to the correct branch.

How to Use IDIB000S257 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 S R NAGAR 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.