INDIAN BANK IFSC Code – MADUGULA, MADUGULA
Complete bank details including IFSC code, MICR code, address and payment facilities for MADUGULA branch.
Bank Details
| Bank Name | INDIAN BANK |
| Branch Name | MADUGULA |
| IFSC Code | IDIB000M003 |
| MICR Code | 531019005 |
| Address | MAIN ROAD MADUGULA 531027 |
| City | MADUGULA |
| District | VISHAKAPATNAM |
| State | ANDHRA PRADESH |
| Contact | 0 |
Payment Facilities
About IFSC Code IDIB000M003
The IFSC code IDIB000M003 uniquely identifies the MADUGULA branch of INDIAN BANK located in MADUGULA, ANDHRA PRADESH. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code IDIB000M003
- First 4 characters (IDIB) – Represents INDIAN BANK bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (00M003) – Unique branch identifier for MADUGULA
How to Use IFSC Code IDIB000M003
To transfer money to any account at INDIAN BANK MADUGULA branch, you will need to provide the IFSC code IDIB000M003 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at MADUGULA
- NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
- RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
- IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
- UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID
About INDIAN BANK MADUGULA Branch
INDIAN BANK MADUGULA is a branch of INDIAN BANK located in MADUGULA, ANDHRA PRADESH. The branch provides comprehensive banking services to customers in MADUGULA and surrounding areas.
Branch Address
MAIN ROAD MADUGULA 531027, MADUGULA, ANDHRA PRADESH
Services Available
This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).
MICR Code Information
The MICR (Magnetic Ink Character Recognition) code for this branch is 531019005. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.
Important Information
Transfer Timings
- NEFT: 24x7, 365 days (Settled in half-hourly batches)
- RTGS: 24x7, 365 days (Real-time for ₹2L+)
- IMPS: 24x7, 365 days (Instant)
- UPI: 24x7, 365 days (Instant)
Verification Tips
- Always verify IFSC code before transferring money
- Cross-check with bank passbook or cheque book
- IFSC codes may change after bank mergers
- Contact branch for latest information
Frequently Asked Questions
What is the IFSC code of INDIAN BANK MADUGULA?
The IFSC code of INDIAN BANK MADUGULA branch in MADUGULA is IDIB000M003.
What is the MICR code of INDIAN BANK MADUGULA?
The MICR code of INDIAN BANK MADUGULA branch is 531019005.
What is the address of INDIAN BANK MADUGULA?
INDIAN BANK MADUGULA branch is located at MAIN ROAD MADUGULA 531027.
Does INDIAN BANK MADUGULA support NEFT/RTGS/IMPS?
INDIAN BANK MADUGULA branch supports NEFT, RTGS, IMPS, and UPI transactions.