Indian Bank IFSC Code
KORATTY Branch, KORATTY, KORATTY, KERALA
The official Indian Financial System Code (IFSC) for Indian Bank, KORATTY branch in KORATTY, KERALA is IDIB000K242. The MICR code for cheque clearance is 680019005.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- Indian Bank
- Branch Name
- KORATTY
- MICR Code
- City / District
- KORATTY (KORATTY)
- State
- KERALA
- Postal Pincode
- 680309
1ST FLOOR VAZHAPPILLY TOWERS OPP GOVTOF INDIA PRESS KORATTY KINFRA PARK PO PIN 680309, Pincode: 680309
How to Read IFSC Code: IDIB000K242
An Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India to identify bank branches for electronic payment systems.
First 4 alphabetic characters identify Indian Bank.
5th character is always numeral '0', reserved for future use.
Last 6 alphanumeric characters identify the specific physical branch.
Payment Systems Supported by this IFSC Code
| Payment System | Settlement Time | Minimum Amount | Availability | Ideal For |
|---|---|---|---|---|
| NEFT (National Electronic Funds Transfer) | Half-hourly batches | ₹1 (No minimum) | 24x7x365 | Routine bills, small & medium transactions |
| RTGS (Real Time Gross Settlement) | Real-time instant | ₹2,00,000 | 24x7x365 | High-value urgent financial transfers |
| IMPS (Immediate Payment Service) | Immediate | ₹1 (Max ₹5 Lakh) | 24x7x365 | Instant mobile banking & emergency transfers |
Frequently Asked Questions: Indian Bank (IDIB000K242)
What is the IFSC Code for Indian Bank KORATTY branch?
The IFSC Code for Indian Bank KORATTY branch in KORATTY, KERALA is IDIB000K242. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of Indian Bank KORATTY branch?
The branch is located at: 1ST FLOOR VAZHAPPILLY TOWERS OPP GOVTOF INDIA PRESS KORATTY KINFRA PARK PO PIN 680309, Pincode: 680309, KORATTY, KERALA.
What is the MICR Code for Indian Bank KORATTY?
The MICR Code for electronic cheque clearing at Indian Bank KORATTY is 680019005.
How can I contact Indian Bank KORATTY branch?
You can contact the branch at: Phone: +914802733073. For official national customer care, refer to Indian Bank's official banking channels.
How to decipher the IFSC code IDIB000K242?
The first 4 characters 'IDIB' represent Indian Bank. The 5th character is '0' reserved for future use. The last 6 characters '00K242' represent the specific KORATTY branch code.
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