IFSC Code IDIB000M049 - Indian Bank-MATUNGA BAZAAR-Mumbai

Detail Information
IFSC Code IDIB000M049
Bank Name Indian Bank
Address 266A TEMPLE AVENUE DEODHAR ROAD MATUNGA BAZAAR MATUNGA EAST PIN 400019
District Mumbai
State Maharashtra
Branch Matunga bazaar
Contact +912224142564
Centre Available
IMPS Available
UPI Available
MICR 400019017
RTGS 1
NEFT Not Available
ISO3166 IN-MH
Bankcode IDIB

Overview of IDIB000M049

The IFSC code IDIB000M049 is associated with the Mumbai MATUNGA BAZAAR Branch of Indian Bank. Located in the bustling city of Mumbai, MAHARASHTRA, this branch is one of the many Indian Bank branches that cater to the banking needs of the local residents. The code "IDIB" in IDIB000M049 represents Indian Bank Bank, while 000M049 signifies the unique branch code for MATUNGA BAZAAR.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like IDIB000M049, for the MATUNGA BAZAAR Branch, cannot be overstated. It acts as an address that identifies both the Indian Bank and its specific branch in Mumbai. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.

Deep Dive into IDIB000M049

The IFSC code IDIB000M049 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with Indian Bank in Mumbai. Let's break down the details:

  • IFSC Code (IDIB000M049): This unique code is essential for electronic fund transfers. The first four characters "IDIB" represent the bank's name, Indian Bank. The last six characters "000M049" are a unique identifier for the MATUNGA BAZAAR branch.
  • Bank Name (Indian Bank): One of [country]'s leading banks, Indian Bank offers a wide range of banking products and financial services to its vast customer base.
  • Address (266A TEMPLE AVENUE DEODHAR ROAD MATUNGA BAZAAR MATUNGA EAST PIN 400019): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Mumbai, MAHARASHTRA): The branch is situated in the heart of Mumbai, the capital city of MAHARASHTRA. A city known for its [CITY_FEATURES].
  • Branch (MATUNGA BAZAAR): The [AREA_NAME] area in Mumbai is a hub of activity, and the Indian Bank branch here caters to both individual and business banking needs.
  • Phone Number (+912224142564): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.

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