Indian Bank MICROSATE BRANCH, GUNTUR IFSC Code, MICR Code - Guntur, Andhra Pradesh

Indian Bank MICROSATE BRANCH, GUNTUR Branch IFSC Code, MICR Code (Guntur, Andhra Pradesh). IFSC code is used for NEFT, IMPS and RTGS Transactions.

IFSC Code, MICR Code of Indian Bank MICROSATE BRANCH, GUNTUR - Guntur, Andhra Pradesh

IFSC Code:IDIB000M226
MICR Code:520019107
Branch Code:00M226 (Last six characters of IFSC Code represent Branch code)
Address:22-2-95. CLOTH BAZAR CHOWTRA GUNTUR 522003
Branch:MICROSATE BRANCH, GUNTUR
City:GUNTUR
District:Guntur
State:Andhra Pradesh
Contact No.:

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Indian Bank IFSC Code is IDIB000M226, MICR Code is 520019107, Branch Code is 00M226 which is last six characters of IFSC Code, Branch name is MICROSATE BRANCH, GUNTUR located in 22-2-95. CLOTH BAZAR CHOWTRA GUNTUR 522003, GUNTUR, Guntur, Andhra Pradesh, Contact no. is (No. not provided). IFSC code is used for NEFT, IMPS and RTGS Transactions.

Other Indian Bank Branches at Guntur, Andhra Pradesh

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What is IFSC Code?

IFSC code is an alphanumeric code stands for Indian Financial System Code, which is uniquely assigned to each bank branch for the main three payment and settlement systems in India:

  1. National Electronic Funds Transfer (NEFT)
  2. Real Time Gross Settlement (RTGS)
  3. Immediate Payment Service (IMPS)

IFSC code is represented by 11 digit character, the first 4 characters of the IFSC code represent the name of the bank, the fifth character is 0 reserved for future use, the last 6 numbers represent the branch code of the bank. The very common use of the IFSC Code is to transfer fund using Internet Banking.


What is MICR Code?

MICR code is short for Magnetic Ink Character Recognition Code is a 9-digit code that identifies the city, bank, and branch, which is found at the bottom of the cheque. With a special machine, MICR codes help faster processing of cheques. MICR code is consists of 3 parts:

  1. The first 3 digits represent the city code, this code is aligned with the PIN code we use for a postal address in India.
  2. The next 3 digits represent the bank code.
  3. The last 3 digits represent the branch code.