INDIAN BANKVerified Feb 2026

INDIAN BANK IFSC Code – MEDARAMETLA, KORISAPADU

Complete bank details including IFSC code, MICR code, address and payment facilities for MEDARAMETLA branch.

IFSC Code
IDIB000M027

Bank Details

Bank NameINDIAN BANK
Branch NameMEDARAMETLA
IFSC CodeIDIB000M027
MICR Code523019093
AddressNH 5 VIJAYA COMPLEX KORISAPADI(M) MEDARAMETLA PRAKASAM 523212
CityKORISAPADU
DistrictPRAKASAM
StateANDHRA PRADESH
Contact0

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code IDIB000M027

The IFSC code IDIB000M027 uniquely identifies the MEDARAMETLA branch of INDIAN BANK located in KORISAPADU, 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 IDIB000M027

  • First 4 characters (IDIB) – Represents INDIAN BANK bank code assigned by RBI
  • 5th character (0) – Reserved for future use (always 0)
  • Last 6 characters (00M027) – Unique branch identifier for MEDARAMETLA

How to Use IFSC Code IDIB000M027

To transfer money to any account at INDIAN BANK MEDARAMETLA branch, you will need to provide the IFSC code IDIB000M027 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at MEDARAMETLA

  • 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 MEDARAMETLA Branch

INDIAN BANK MEDARAMETLA is a branch of INDIAN BANK located in KORISAPADU, ANDHRA PRADESH. The branch provides comprehensive banking services to customers in KORISAPADU and surrounding areas.

Branch Address

NH 5 VIJAYA COMPLEX KORISAPADI(M) MEDARAMETLA PRAKASAM 523212, KORISAPADU, 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 523019093. 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 MEDARAMETLA?

The IFSC code of INDIAN BANK MEDARAMETLA branch in KORISAPADU is IDIB000M027.

What is the MICR code of INDIAN BANK MEDARAMETLA?

The MICR code of INDIAN BANK MEDARAMETLA branch is 523019093.

What is the address of INDIAN BANK MEDARAMETLA?

INDIAN BANK MEDARAMETLA branch is located at NH 5 VIJAYA COMPLEX KORISAPADI(M) MEDARAMETLA PRAKASAM 523212.

Does INDIAN BANK MEDARAMETLA support NEFT/RTGS/IMPS?

INDIAN BANK MEDARAMETLA branch supports NEFT, RTGS, IMPS, and UPI transactions.