INDIAN BANK IFSC Code – MEDAK, MEDAK
Complete bank details including IFSC code, MICR code, address and payment facilities for MEDAK branch.
Bank Details
| Bank Name | INDIAN BANK |
| Branch Name | MEDAK |
| IFSC Code | IDIB000M026 |
| MICR Code | 502019002 |
| Address | 1-9-3 1 ST FLOOR MAIN ROAD MEDAK 502110 |
| City | MEDAK |
| State | ANDHRA PRADESH |
| Contact | 0 |
Payment Facilities
About IFSC Code IDIB000M026
The IFSC code IDIB000M026 uniquely identifies the MEDAK branch of INDIAN BANK located in MEDAK, 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 IDIB000M026
- First 4 characters (IDIB) – Represents INDIAN BANK bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (00M026) – Unique branch identifier for MEDAK
How to Use IFSC Code IDIB000M026
To transfer money to any account at INDIAN BANK MEDAK branch, you will need to provide the IFSC code IDIB000M026 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at MEDAK
- 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 MEDAK Branch
INDIAN BANK MEDAK is a branch of INDIAN BANK located in MEDAK, ANDHRA PRADESH. The branch provides comprehensive banking services to customers in MEDAK and surrounding areas.
Branch Address
1-9-3 1 ST FLOOR MAIN ROAD MEDAK 502110, MEDAK, 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 502019002. 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 MEDAK?
The IFSC code of INDIAN BANK MEDAK branch in MEDAK is IDIB000M026.
What is the MICR code of INDIAN BANK MEDAK?
The MICR code of INDIAN BANK MEDAK branch is 502019002.
What is the address of INDIAN BANK MEDAK?
INDIAN BANK MEDAK branch is located at 1-9-3 1 ST FLOOR MAIN ROAD MEDAK 502110.
Does INDIAN BANK MEDAK support NEFT/RTGS/IMPS?
INDIAN BANK MEDAK branch supports NEFT, RTGS, IMPS, and UPI transactions.