IFSC Code IDIB000M124 - Indian Bank-MAGARAL-Kanchipuram
| Detail | Information |
|---|---|
| IFSC Code | IDIB000M124 |
| Bank Name | Indian Bank |
| Address | NO170 A RAJA STREET MAGARAL VILLAGE AND POST IP ADRESS: 10125282 PIN 631603 |
| District | Kancheepuram |
| State | Tamil nadu |
| Branch | Magaral |
| Contact | +914427240332 |
| Centre | Available |
| IMPS | Available |
| UPI | Available |
| MICR | 600019197 |
| RTGS | 1 |
| NEFT | Not Available |
| ISO3166 | IN-TN |
| Bankcode | IDIB |
Overview of IDIB000M124
The IFSC code IDIB000M124 is associated with the Kanchipuram MAGARAL Branch of Indian Bank. Located in the bustling city of Kanchipuram, TAMIL NADU, this branch is one of the many Indian Bank branches that cater to the banking needs of the local residents. The code "IDIB" in IDIB000M124 represents Indian Bank Bank, while 000M124 signifies the unique branch code for MAGARAL.
Significance of IFSC Code for Banking Transactions
The importance of the IFSC code, like IDIB000M124, for the MAGARAL Branch, cannot be overstated. It acts as an address that identifies both the Indian Bank and its specific branch in Kanchipuram. 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 IDIB000M124
The IFSC code IDIB000M124 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 Kanchipuram. Let's break down the details:
- IFSC Code (IDIB000M124): 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 "000M124" are a unique identifier for the MAGARAL 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 (NO170 A RAJA STREET MAGARAL VILLAGE AND POST IP ADRESS: 10125282 PIN 631603): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
- City & State (Kanchipuram, TAMIL NADU): The branch is situated in the heart of Kanchipuram, the capital city of TAMIL NADU. A city known for its [CITY_FEATURES].
- Branch (MAGARAL): The [AREA_NAME] area in Kanchipuram is a hub of activity, and the Indian Bank branch here caters to both individual and business banking needs.
- Phone Number (+914427240332): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.