IFSC Code of Indian Bank, MAGARAL, KANCHEEPURAM

IDIB000M124

BankIndian Bank
IFSC CodeIDIB000M124
Branch Code00M124 (last six characters of IFSC)
BranchMAGARAL
City / DistrictKANCHEEPURAM
StateTAMIL NADU

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Indian Bank MAGARAL IFSC Code

The MAGARAL branch of Indian Bank located in KANCHEEPURAM, TAMIL NADU is identified by the IFSC code IDIB000M124. This 11-character code is issued by the Reserve Bank of India (RBI) and is required for electronic fund transfers such as NEFT, RTGS, IMPS and UPI.

How to transfer money using IDIB000M124

  1. Log in to your bank’s net banking or mobile banking app.
  2. Choose the NEFT, RTGS or IMPS transfer option.
  3. Add the beneficiary with account number and branch name.
  4. Enter IFSC code IDIB000M124 to identify the MAGARAL branch.
  5. Enter the amount and confirm the transaction.

Difference between IFSC and MICR

AspectIFSC
Full formIndian Financial System Code
PurposeOnline money transfer (NEFT / RTGS / IMPS)
Format11-character alphanumeric
Issued byReserve Bank of India (RBI)

Frequently asked questions

What is the IFSC code of Indian Bank, MAGARAL?
The IFSC code is IDIB000M124.

What is the branch code?
The branch code is 00M124, the last six characters of the IFSC code.