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Indian Bank

Reserve bank of India has allotted IFSC codes to all the bank branches in India to easily identify the transactions which are done through a particular branch. IFSC codes are unique 11 digits codes with alphabetic and numeric characters, which are given to all bank branches, and the code won't repeat. It is mandatory to enter IFSC code or MICR codes to identify the branches to perform the cash transactions, without this code the bank branches can't transfer the funds.

These codes helps the users to ensure that the transferred funds receives to the rightful person without any error or concern.

The IFSC code for Indian bank Vinayagapuram branch Chennai Tamil nadu is IDBI000V130.

This IFSC code can be used for online money transaction via NEFT, RTGS and IMPS to any Axis Bank account or to any other bank accounts, Here the first 4 alphabets IDBI indicates the bank name, The fifth digit is 0 [zero] for future use, The last 6 digits 00V130 indicates the particular branch of Indian Bank which is located in Vinayagapuram, Chennai.

IFSC code whose full form is Indian Financial System Code used for online payment applications like RTGS which is Real Time Gross Settlement, NEFT which is National Electronic Funds Transfer, IPM, from one bank to another through IMPS which is electronic Instant Mobile Money transfer Service and CFMS which is Centralized Funds Management System instructed by RBI.

RBI has allotted IFSC codes to all banks in India to find out the branches when money transfer takes place. According to RBI guidelines the IFSC code is mandatory for interbank transfers via NEFT and RTGS to any bank in India, with the help of IFSC codes and MICR codes the online funds transaction are made easily without any confusion. This codes helps to avoid risk factor while sending and receiving funds through banks in our country and it makes sure that the money reaches to the rightful account holder at the specified branch.

Easy way to find Indian bank's IFSC code and MICR code?

If the customer knows the full name of the bank and its branch location then it is easy to find the IFSC and MICR code, the customer can find the codes in the passbook and cheque books of the specified bank which is printed on the passbook, or the website of RBI also offers the entire list of IFSC codes required for the account holder. Some third party website also shows the IFSC codes in their websites.

Some of the popular financial comparison sites display the table carrying IFSC codes for Bank of Baroda's branches throughout the India. Any account holder visiting the website has to choose the Bank IFSC code link present on the home page where 4 columns are displayed. Customers must feed some bank details like the state -> district -> branch -> to get the IFSC codes or MICR codes for Indian bank. The website displays all details about the bank such as the phone number, address, of the branch, name, branch code, etc...

Indian Bank Branch Details

BANK DETAILS:

Indian bank was established in 5th march 1907 which is controlled by Indian government and under the supervision of ministry of finance. Indian bank is one of the leading administrative banks which has extended the helping hand to the farmers and apart from that Tamil nadu's Indian bank branches have received an award for Micro-Finance activities and the Union Territory of Puducherry has also received from National Bank for Agriculture and Rural Development (NABARD).

Indian bank has a total of 6,004 branches with 5,428 ATMs across the nation with Cash deposit machines and it is one of the best performing public sector banks in India. There are a total of 227 Overseas Correspondent banks in 75 countries. The total net worth of Indian bank have received over ?930,000 crores which is 130 billion in U.S. dollar currency as on 31 March 2021.

Indian bank has tied up their insurance policy with SBI's life insurance plan and they have Max Bupa insurance policy which is one of the best after L.I.C insurance and the services that Indian bank provides to its customers is ranked as one of the best in 2017.

Products and services of Indian Bank:

ACCOUNTS:There are 2 types of Accounts in Indian bank which are Savings Account and Current Accounts

LOANS:There are 6 types of Loan system in Indian bank which are Home loan, Personal Loan, Two-wheeler loan, Car loan, Education loan, Business Loan.

DEPOSITS: There are 2 types of Deposits in Indian bank which are Fixed deposits and Recurring deposits.

CARDS: There are 2 types of Cards in Indian bank which are Debit card and Credit card.

The total asset value of Indian bank is 8.08 lakh crores INR, which is 110 billion in U.S. dollars.

For further details contact or write to Indian bank;
ADDRESS:
PB No: 5555,
254-260,
Avvai Shanmugam Salai,
Royapettah,
Chennai 600014,
Tamil-Nadu,
India.
Contact:
1800-425-00000 / 1800-425-4422 for customer support.

Indian Bank Andaman And Nicobar Island Branch IFSC Code

    City Branch IFSC Code
    Port Blair Port Blair IDIB000P117

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Indian Bank West Bengal Branch IFSC Code