Indian Bank, MICROSATE BRANCH CHENNAI II, CHENNAI Branch IFSC Code

The IFSC code IDIB000M174 is assigned to Indian Bank, MICROSATE BRANCH CHENNAI II located in CHENNAI, TAMIL NADU. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

✓ NEFT ✓ RTGS ✓ IMPS ✓ UPI

Bank Details

Bank Name Indian Bank
IFSC Code IDIB000M174
MICR Code 600019137
Branch Code 00M174
Branch MICROSATE BRANCH CHENNAI II
City CHENNAI
District CHENNAI
State TAMIL NADU
Address 58 LATTICE BRIDGE ROAD FIRST FLOORCHENNAI CHENNAI TIRUVANMIYUR PIN 600041 Maps
Contact +914424404039

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

IDIB Bank Code
0 Reserved (0)
00M174 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

600 City Code
019 Bank Code
137 Branch Code

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code IDIB000M174 is the Indian Financial System Code assigned to Indian Bank, MICROSATE BRANCH CHENNAI II branch in CHENNAI, TAMIL NADU. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in CHENNAI, CHENNAI, TAMIL NADU. The full address is: 58 LATTICE BRIDGE ROAD FIRST FLOORCHENNAI CHENNAI TIRUVANMIYUR PIN 600041

The branch code is 00M174. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of Indian Bank.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is 600019137. MICR code is a 9-digit code used for processing cheques and is printed on cheque leaves.

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: IDIB000M174
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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