Indian Bank MAGUDAN CHAVADI Branch IFSC Code

IDIB 000M534
Indian Bank Logo Indian Bank
MAGUDAN CHAVADI — SALEM, TAMIL NADU
MICR: 636019072 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Bank
Branch
MAGUDAN CHAVADI
IFSC Code
IDIB000M534
MICR Code
636019072
Address
GANESAN COMPLEX MAGUDANCHAVADI MAGUDANCHAVADI POST SANKARI TK PIN 637103
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City
SALEM
District
SALEM
State
TAMIL NADU
Contact
+914283257713

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IDIB000M534 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 IDIB000M534.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IDIB000M534.

IFSC Code Structure

I
D
I
B
0
0
0
M
5
3
4
  • IDIB — Bank code (Indian Bank)
  • 0 — Reserved (always 0)
  • 00M534 — Branch code (MAGUDAN CHAVADI)

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Frequently Asked Questions

Is IDIB000M534 valid for online transfer?
Yes, IDIB000M534 is a valid IFSC code for Indian Bank MAGUDAN CHAVADI branch in SALEM, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IDIB000M534 belong to?
IDIB000M534 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 MAGUDAN CHAVADI is 636019072. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IDIB000M534?
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.