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Indian Bank · Salem

IDIB000M194: Indian Bank, Microsate Salem

IFSC code IDIB000M194 belongs to the Microsate Salem branch of Indian Bank in Salem, Tamil Nadu. Its MICR code is 636019036.

IFSC
IDIB000M194
MICR
636019036
Bank
Indian Bank
Branch
Microsate Salem
District
Salem
State
Tamil Nadu
Phone
+914272450444

Branch address

Indian Bank
96/82 Peramanur Main Road Salem Peramanur PIN 636007

Open in a map · Pincode 636007: post offices and area

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 00M194 is the code of the Microsate Salem branch. In the MICR code 636019036, 636 is the city, 019 the bank and 036 the branch.

Other Indian Bank branches in Salem

All 48 Indian Bank branches in Salem

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 Microsate Salem branch (Salem, Tamil Nadu) is IDIB000M194.

  2. 636019036. MICR is printed at the bottom of the branch's cheques.

  3. 96/82 Peramanur Main Road Salem Peramanur PIN 636007

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IDIB000M194 with the beneficiary's account number.

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