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Indian Bank · Erode

IDIB000S123: Indian Bank, Sathyamangalam

IFSC code IDIB000S123 belongs to the Sathyamangalam branch of Indian Bank in Erode, Tamil Nadu. Its MICR code is 638019096.

IFSC
IDIB000S123
MICR
638019096
Bank
Indian Bank
Branch
Sathyamangalam
District
Erode
State
Tamil Nadu
Phone
+914295220194

Branch address

Indian Bank
80mysore Trunk Road Opp Taluk Office Sathyamangalam Sathyamangalam PIN 638402

Open in a map · Pincode 638402: 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 00S123 is the code of the Sathyamangalam branch. In the MICR code 638019096, 638 is the city, 019 the bank and 096 the branch.

Other Indian Bank branches in Erode

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 Sathyamangalam branch (Erode, Tamil Nadu) is IDIB000S123.

  2. 638019096. MICR is printed at the bottom of the branch's cheques.

  3. 80mysore Trunk Road Opp Taluk Office Sathyamangalam Sathyamangalam PIN 638402

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IDIB000S123 with the beneficiary's account number.

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