What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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Indian Bank Marthandam Kanyakumari Branch IFSC/MICR Code Details
Bank Name INDIAN BANK
Address 541 NMN PLAZA MARKET ROAD MARTHANDAM
State TAMIL NADU
District KANYAKUMARI
Branch MARTHANDAM
IFSC Code IDIB000M218
Branch Code 00M218 (Last six characters of IFSC code represent Branch code.)
MICR Code 629019102
Contact Phone 0
via https://bankingzone.in/ifsc

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