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 Cumbum Madurai Branch IFSC/MICR Code Details
Bank Name INDIAN BANK
Address 196, L F ROAD, CUMBUM, THENI DISTRICT 625516
State TAMIL NADU
District MADURAI
Branch CUMBUM
IFSC Code IDIB000C131
Branch Code 00C131 (Last six characters of IFSC code represent Branch code.)
MICR Code 625019030
Contact Phone 0
via https://bankingzone.in/ifsc

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