IFSC Code of Indian Bank, MAGUDAN CHAVADI, SALEM

IDIB000M534

BankIndian Bank
IFSC CodeIDIB000M534
Branch Code00M534 (last six characters of IFSC)
BranchMAGUDAN CHAVADI
City / DistrictSALEM
StateTAMIL NADU

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Indian Bank MAGUDAN CHAVADI IFSC Code

The MAGUDAN CHAVADI branch of Indian Bank located in SALEM, TAMIL NADU is identified by the IFSC code IDIB000M534. 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 IDIB000M534

  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 IDIB000M534 to identify the MAGUDAN CHAVADI 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, MAGUDAN CHAVADI?
The IFSC code is IDIB000M534.

What is the branch code?
The branch code is 00M534, the last six characters of the IFSC code.