The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Indian Bank for its Mangudi branch in Tenkasi, Tenkasi, Tamil Nadu, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Indian Bank located in Tenkasi or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code IDIB000M258. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Indian Bank, Mangudi, Tenkasi
The table below shows the main details of the IFSC Code IDIB000M258 for the Indian Bank branch in Tenkasi, which falls under the Tenkasi district in Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Indian Bank |
| IFSC Code | IDIB000M258 |
| Branch | Mangudi |
| City | Tenkasi |
| District | Tenkasi |
| State | Tamil Nadu |
| Address | 4/1B Maruthanar Street Mangudimeenakshipuram Post Meenakshipuram Post Pin 626111 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Indian Bank in Tenkasi for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDIB000M258 for the Mangudi branch of Indian Bank has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Indian Bank located in Mangudi, Tenkasi, Tamil Nadu, is provided with a unique IFSC like IDIB000M258 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Indian Bank branch in Tenkasi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Tenkasi and Tenkasi.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Tamil Nadu and the rest of India and the IFSC Code ensures that transactions meant for Indian Bank in Mangudi do not get mixed with another location.
Format of the IFSC Code IDIB000M258
The format of the IFSC Code for banks, including Indian Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Indian Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Mangudi in Tenkasi.
For example, the IFSC Code IDIB000M258 of Indian Bank for the Mangudi branch includes these elements, identifying the bank and the branch location in Tenkasi and Tamil Nadu accurately.
How to Find IFSC Code for Indian Bank?
If you are trying to find the IFSC Code IDIB000M258 of Indian Bank for its Mangudi branch located in Tenkasi, the following methods can help:
Cheque Book
The cheque book issued by Indian Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Indian Bank branches in Tenkasi and Tenkasi, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Indian Bank and navigate to the branch locator section. Search for Mangudi or Tenkasi to get the exact IFSC Code IDIB000M258.
Mobile Banking App
If you use Indian Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Indian Bank and Tenkasi, you'll get the correct details.
How to Use IFSC Code IDIB000M258 for Online Transfers?
Once you have the IFSC Code IDIB000M258 for the Mangudi branch of Indian Bank in Tenkasi, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IDIB000M258. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Indian Bank IFSC Code IDIB000M258.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indian Bank Mangudi in Tenkasi, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Indian Bank in Mangudi, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Indian Bank website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Tenkasi to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is IDIB000M258.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is 4/1B Maruthanar Street Mangudimeenakshipuram Post Meenakshipuram Post Pin 626111 located in Tenkasi, Tenkasi, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.