Indian Bank IFSC Code
MAJERU Branch, MAJERU, MAJERU, ANDHRA PRADESH
The official Indian Financial System Code (IFSC) for Indian Bank, MAJERU branch in MAJERU, ANDHRA PRADESH is IDIB000M123. The MICR code for cheque clearance is 521019014.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- Indian Bank
- Branch Name
- MAJERU
- MICR Code
- City / District
- MAJERU (MAJERU)
- State
- ANDHRA PRADESH
- Postal Pincode
- 521131
DOOR NO1/35 MAIN ROAD MAJERU MAJERU CHALLAPALLI MANDAL PIN 521131, Pincode: 521131
How to Read IFSC Code: IDIB000M123
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 (IDIB000M123)
What is the IFSC Code for Indian Bank MAJERU branch?
The IFSC Code for Indian Bank MAJERU branch in MAJERU, ANDHRA PRADESH is IDIB000M123. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of Indian Bank MAJERU branch?
The branch is located at: DOOR NO1/35 MAIN ROAD MAJERU MAJERU CHALLAPALLI MANDAL PIN 521131, Pincode: 521131, MAJERU, ANDHRA PRADESH.
What is the MICR Code for Indian Bank MAJERU?
The MICR Code for electronic cheque clearing at Indian Bank MAJERU is 521019014.
How can I contact Indian Bank MAJERU branch?
You can contact the branch at: Phone: +918672245238. For official national customer care, refer to Indian Bank's official banking channels.
How to decipher the IFSC code IDIB000M123?
The first 4 characters 'IDIB' represent Indian Bank. The 5th character is '0' reserved for future use. The last 6 characters '00M123' represent the specific MAJERU branch code.
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