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Indian Bank · Madurai

IDIB000M260: Indian Bank, Melur

IFSC code IDIB000M260 belongs to the Melur branch of Indian Bank in Madurai, Tamil Nadu. Its MICR code is 625019047.

IFSC
IDIB000M260
MICR
625019047
Bank
Indian Bank
Branch
Melur
District
Madurai
State
Tamil Nadu
Phone
+914522417722

Branch address

Indian Bank
207 Alagar Koil Road Melur Melur PIN 625106

Open in a map · Pincode 625106: 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 00M260 is the code of the Melur branch. In the MICR code 625019047, 625 is the city, 019 the bank and 047 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 Melur branch (Madurai, Tamil Nadu) is IDIB000M260.

  2. 625019047. MICR is printed at the bottom of the branch's cheques.

  3. 207 Alagar Koil Road Melur Melur PIN 625106

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IDIB000M260 with the beneficiary's account number.

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