Indian Bank SATHYA MANGALAM IFSC Code, MICR Code - Erode, Tamil Nadu

Indian Bank SATHYA MANGALAM Branch IFSC Code, MICR Code (Erode, Tamil Nadu). IFSC code is used for NEFT, IMPS and RTGS Transactions.

IFSC Code, MICR Code of Indian Bank SATHYA MANGALAM - Erode, Tamil Nadu

IFSC Code:IDIB000S123
MICR Code:638019096
Branch Code:00S123 (Last six characters of IFSC Code represent Branch code)
Address:SATHYAMANGALAMMYSORE TRUNK ROADOPP. TALUK OFFICE 638401
Branch:SATHYA MANGALAM
City:SATHYAMANGALAM
District:Erode
State:Tamil Nadu
Contact No.:

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Indian Bank IFSC Code is IDIB000S123, MICR Code is 638019096, Branch Code is 00S123 which is last six characters of IFSC Code, Branch name is SATHYA MANGALAM located in SATHYAMANGALAMMYSORE TRUNK ROADOPP. TALUK OFFICE 638401, SATHYAMANGALAM, Erode, Tamil Nadu, Contact no. is (No. not provided). IFSC code is used for NEFT, IMPS and RTGS Transactions.

Other Indian Bank Branches at Erode, Tamil Nadu

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ALUKKULIBHAVANICHENNIMALAIDHARAPURAMELUMATHURERODEERODE MAINGOBICHETTIPALAYAMKADAIYURKANGEYAMMANICKAMPALAYAMPALLIPALAYAMPARANJERVAZHIPERUNDURAIPERUNDURAI ROADRAYAPALAYAMSATHYA MANGALAMSOLARTHINDALTHOPPUPALAYAMTHOTTANI

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.