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Indian Bank · Madurai

IDIB000M197: Indian Bank, Microsate Madurai

IFSC code IDIB000M197 belongs to the Microsate Madurai branch of Indian Bank in Madurai, Tamil Nadu. Its MICR code is 625019019.

IFSC
IDIB000M197
MICR
625019019
Bank
Indian Bank
Branch
Microsate Madurai
District
Madurai
State
Tamil Nadu
Phone
+914522530629

Branch address

Indian Bank
49 Chellasamy Ambalam Complex Opposite to Anna Bus Stand Madurai Madurai PIN 625020

Open in a map · Pincode 625020: 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 00M197 is the code of the Microsate Madurai branch. In the MICR code 625019019, 625 is the city, 019 the bank and 019 the branch.

Other Indian Bank branches in Madurai

All 42 Indian Bank branches in Madurai

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 Madurai branch (Madurai, Tamil Nadu) is IDIB000M197.

  2. 625019019. MICR is printed at the bottom of the branch's cheques.

  3. 49 Chellasamy Ambalam Complex Opposite to Anna Bus Stand Madurai Madurai PIN 625020

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IDIB000M197 with the beneficiary's account number.

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