Indian Bank, VAMPUGUDA, MEDCHAL MALKAJGIRI Branch IFSC Code

The IFSC code IDIB000V171 is assigned to Indian Bank, VAMPUGUDA located in MEDCHAL MALKAJGIRI, TELANGANA. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

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Bank Details

Bank Name Indian Bank
IFSC Code IDIB000V171
MICR Code 500019084
Branch Code 00V171
Branch VAMPUGUDA
City MEDCHAL MALKAJGIRI
District HYDERABAD
State TELANGANA
Address H NO 1-2-58/1/17 NR YELLAREDDY GUDA YAPRAL SECUNDARABAD MEDCHAL MALKAJGIRI HYDERABAD PIN 500062 Maps
Contact +919835331753

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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)
00V171 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.

500 City Code
019 Bank Code
084 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 IDIB000V171 is the Indian Financial System Code assigned to Indian Bank, VAMPUGUDA branch in MEDCHAL MALKAJGIRI, TELANGANA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in MEDCHAL MALKAJGIRI, HYDERABAD, TELANGANA. The full address is: H NO 1-2-58/1/17 NR YELLAREDDY GUDA YAPRAL SECUNDARABAD MEDCHAL MALKAJGIRI HYDERABAD PIN 500062

The branch code is 00V171. 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 500019084. 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: IDIB000V171
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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