INDIAN BANK IFSC Code – MICROSATE BRANCH, MADURAI, MADURAI
Complete bank details including IFSC code, MICR code, address and payment facilities for MICROSATE BRANCH, MADURAI branch.
Bank Details
| Bank Name | INDIAN BANK |
| Branch Name | MICROSATE BRANCH, MADURAI |
| IFSC Code | IDIB000M197 |
| MICR Code | 625019019 |
| Address | 1ST FLOOR, 73, ALAGARKOIL ROAD, AMERICAN COLLEGE BUILDING TALLAKULAM, MADURAI 625 002 |
| City | MADURAI |
| State | TAMIL NADU |
| Contact | 0 |
Payment Facilities
About IFSC Code IDIB000M197
The IFSC code IDIB000M197 uniquely identifies the MICROSATE BRANCH, MADURAI branch of INDIAN BANK located in MADURAI, TAMIL NADU. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code IDIB000M197
- First 4 characters (IDIB) – Represents INDIAN BANK bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (00M197) – Unique branch identifier for MICROSATE BRANCH, MADURAI
How to Use IFSC Code IDIB000M197
To transfer money to any account at INDIAN BANK MICROSATE BRANCH, MADURAI branch, you will need to provide the IFSC code IDIB000M197 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at MICROSATE BRANCH, MADURAI
- 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 MICROSATE BRANCH, MADURAI Branch
INDIAN BANK MICROSATE BRANCH, MADURAI is a branch of INDIAN BANK located in MADURAI, TAMIL NADU. The branch provides comprehensive banking services to customers in MADURAI and surrounding areas.
Branch Address
1ST FLOOR, 73, ALAGARKOIL ROAD, AMERICAN COLLEGE BUILDING TALLAKULAM, MADURAI 625 002, MADURAI, TAMIL NADU
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 625019019. 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 MICROSATE BRANCH, MADURAI?
The IFSC code of INDIAN BANK MICROSATE BRANCH, MADURAI branch in MADURAI is IDIB000M197.
What is the MICR code of INDIAN BANK MICROSATE BRANCH, MADURAI?
The MICR code of INDIAN BANK MICROSATE BRANCH, MADURAI branch is 625019019.
What is the address of INDIAN BANK MICROSATE BRANCH, MADURAI?
INDIAN BANK MICROSATE BRANCH, MADURAI branch is located at 1ST FLOOR, 73, ALAGARKOIL ROAD, AMERICAN COLLEGE BUILDING TALLAKULAM, MADURAI 625 002.
Does INDIAN BANK MICROSATE BRANCH, MADURAI support NEFT/RTGS/IMPS?
INDIAN BANK MICROSATE BRANCH, MADURAI branch supports NEFT, RTGS, IMPS, and UPI transactions.