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Indian Bank · Chennai

IDIB000K166: Indian Bank, Korattur

IFSC code IDIB000K166 belongs to the Korattur branch of Indian Bank in Chennai, Tamil Nadu. Its MICR code is 600019121.

IFSC
IDIB000K166
MICR
600019121
Bank
Indian Bank
Branch
Korattur
District
Chennai
State
Tamil Nadu
Phone
+914426870121

Branch address

Indian Bank
14 31st Street TNHB Colony Periyar Nagar Korattur Greater Chennai PIN 600080

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Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

IDIB is Indian Bank's bank code, the fifth character 0 is kept for future use, and 00K166 is the code of the Korattur branch. In the MICR code 600019121, 600 is the city, 019 the bank and 121 the branch.

Other Indian Bank branches in Chennai

All 134 Indian Bank branches in Chennai

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of Indian Bank's Korattur branch (Chennai, Tamil Nadu) is IDIB000K166.

  2. 600019121. MICR is printed at the bottom of the branch's cheques.

  3. 14 31st Street TNHB Colony Periyar Nagar Korattur Greater Chennai PIN 600080

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IDIB000K166 with the beneficiary's account number.

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