IFSC Code Details

Indian Bank Draksharamam IFSC Code IDIB000D097

Branch
DRAKSHARAMAM
NEFT RTGS IMPS
IFSC CODE
IDIB000D097

INDIAN BANK - DRAKSHARAMAM Details

Bank Name INDIAN BANK
IFSC Code IDIB000D097 Use for NEFT, RTGS, IMPS
MICR Code 533019008
Branch Name DRAKSHARAMAM
Address DR NO 2273 KAKINADA ROAD DRAKSHARAMAM DRAKSHARAMAM PIN 533262
City DRAKSHARAMAM
District EAST GODAVARI
State ANDHRA PRADESH
Contact Number 542007

About INDIAN BANK in DRAKSHARAMAM

Looking for the IFSC Code of INDIAN BANK, DRAKSHARAMAM branch? The code is IDIB000D097.

This branch is situated at DR NO 2273 KAKINADA ROAD DRAKSHARAMAM DRAKSHARAMAM PIN 533262 in DRAKSHARAMAM district of ANDHRA PRADESH.

You can use this code for online fund transfers via NEFT, RTGS, and IMPS to beneficiaries holding accounts in this branch. Always verify the IFSC code with the cheque book or passbook of the beneficiary before confirming the transaction.

Frequently Asked Questions

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is mandatory for electronic fund transfers like NEFT, RTGS, and IMPS. The first four characters represent the bank, the fifth is always zero, and the last six identify the specific branch.

To transfer money to INDIAN BANK DRAKSHARAMAM branch, you need to provide the beneficiary's account number and this IFSC code (IDIB000D097) in your online banking portal or mobile app. This code ensures the funds are routed to the correct branch.

IFSC codes are used for electronic funds transfers (NEFT, RTGS, IMPS), while MICR (Magnetic Ink Character Recognition) codes are used for cheque processing. IFSC is 11 characters long and includes both letters and numbers, whereas MICR is a 9-digit numeric code printed on cheques.

Yes, the IFSC code IDIB000D097 can be used for all types of electronic fund transfers including NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).

The IFSC code is usually printed on the top or bottom of your cheque leaf, along with the MICR code. You can also find it on your bank passbook, account statement, or by contacting your bank's customer service.

Yes, it is completely safe to share your IFSC code. This code only identifies the bank branch and cannot be used alone to access your account or make unauthorized transactions. However, always verify the recipient before sharing along with your account number.

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