Indian Bank IFSC Code IDIB000M261

Indian Bank – MANGADU

IFSC Code: IDIB000M261

MICR Code: 600019234

Branch: MANGADU

Bank: Indian Bank

Address: SRI MUTHUKUMARAN INSTITUTE OF TECHNOLOGY CAMPUS,KUNDRATHUR MAIN ROAD ,CHIKKARAYAPURAM,MANGADU CHENNAI-600063

District: CHENNAI

State: TAMIL NADU

Contact:

Indian Financial System Code (IFSC): IDIB000M261

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 00M261. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 600019234

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.