Indusind Bank MEDAK IFSC Code, MICR Code - Medak, Andhra Pradesh

Indusind Bank MEDAK Branch IFSC Code, MICR Code (Medak, Andhra Pradesh). IFSC code is used for NEFT, IMPS and RTGS Transactions.

IFSC Code, MICR Code of Indusind Bank MEDAK - Medak, Andhra Pradesh

IFSC Code:INDB0000253
MICR Code:502234502
Branch Code:000253 (Last six characters of IFSC Code represent Branch code)
Address:SHOP NOS.1-3-80/4/1-5, VENKATESHWARA COLONY, OPP.HEAD POST OFFICE, MEDAK 502110
Branch:MEDAK
City:MEDAK
District:Medak
State:Andhra Pradesh
Contact No.:

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Indusind Bank IFSC Code is INDB0000253, MICR Code is 502234502, Branch Code is 000253 which is last six characters of IFSC Code, Branch name is MEDAK located in SHOP NOS.1-3-80/4/1-5, VENKATESHWARA COLONY, OPP.HEAD POST OFFICE, MEDAK 502110, MEDAK, Medak, Andhra Pradesh, Contact no. is (No. not provided). IFSC code is used for NEFT, IMPS and RTGS Transactions.

Other Indusind Bank Branches at Medak, Andhra Pradesh

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MEDAKSADASIVPET

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.