Indian Bank MAGARAL Branch IFSC Code
IDIB 000M124
Indian Bank MAGARAL — KANCHEEPURAM, TAMIL NADU
MICR: 600019197
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- Indian Bank
- Branch
- MAGARAL
- IFSC Code
- IDIB000M124
- MICR Code
- 600019197
- Address
- NO170 A RAJA STREET MAGARAL VILLAGE AND POST IP ADRESS 10125282 PIN 631603 Open in Google Maps
- City
- KANCHEEPURAM
- District
- KANCHEEPURAM
- State
- TAMIL NADU
- Contact
- +914427240332
How to Use This IFSC Code
NEFT Transfer
Use IFSC code IDIB000M124 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.
RTGS Transfer
This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code IDIB000M124.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IDIB000M124.
IFSC Code Structure
I
D
I
B
0
0
0
M
1
2
4
- IDIB — Bank code (Indian Bank)
- 0 — Reserved (always 0)
- 00M124 — Branch code (MAGARAL)
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Frequently Asked Questions
Is IDIB000M124 valid for online transfer?
Yes, IDIB000M124 is a valid IFSC code for Indian Bank MAGARAL branch in KANCHEEPURAM, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IDIB000M124 belong to?
IDIB000M124 belongs to Indian Bank. The first 4 characters "IDIB" identify the bank.
What is the MICR code for this branch?
The MICR code for Indian Bank MAGARAL is 600019197. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IDIB000M124?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.