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Indian Bank IFSC Code IDIB000M527

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Indian Bank – HYDERABAD MADHURWADA

IFSC Code: IDIB000M527

MICR Code: 530019021

Branch: HYDERABAD MADHURWADA

Bank: Indian Bank

Address: 100 FT ROAD MAIN ROAD MITHILAPURI CLNY HOUSE NO- HIG-414 MADHURAWADA

District: VISAKHAPATNAM

State: ANDHRA PRADESH

Contact:

Indian Financial System Code (IFSC): IDIB000M527

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

The first four characters represent the bank name.
The fifth character is always ‘0’ and is reserved for future use.
Branch Code 00M527. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 530019021

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.

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