RBI Verified CodeKANCHEEPURAM, TAMIL NADU

Indian Bank

MAGARAL Branch • IFSC: IDIB000M124

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Branch Specifications & IFSC Data

Updated 2026
Bank NameIndian Bank
Branch NameMAGARAL
Complete AddressNO170 A RAJA STREET MAGARAL VILLAGE AND POST IP ADRESS: 10125282 PIN 631603
City / LocalityKANCHEEPURAM
DistrictKANCHEEPURAM
StateTAMIL NADU
Contact Helpline+91 4427 000000
IFSC CodeIDIB000M124
MICR Code600019197
NEFT SupportedEnabled (24x7)
RTGS SupportedEnabled (High Value)
IMPS SupportedInstant 24x7
UPI PaymentsSupported

IFSC Code Breakdown for Indian Bank

The IFSC (Indian Financial System Code) for Indian Bank MAGARAL branch is IDIB000M124. This 11-digit alphanumeric code is regulated by the Reserve Bank of India (RBI) to uniquely route digital transactions to this specific branch.

Bank IdentifierIDIB

First 4 characters represent Indian Bank.

Control Character0

5th character is always 0 (reserved for RBI).

Branch Code00M124

Last 6 digits identify MAGARAL branch.

Frequently Asked Questions (Indian Bank MAGARAL)

Q1.What is the IFSC code for Indian Bank MAGARAL branch?

The IFSC code for Indian Bank MAGARAL branch is IDIB000M124. This code is assigned by RBI and is required for NEFT, RTGS, and IMPS electronic money transfers.

Q2.What is the address and contact number of Indian Bank MAGARAL?

The complete address is: NO170 A RAJA STREET MAGARAL VILLAGE AND POST IP ADRESS: 10125282 PIN 631603, KANCHEEPURAM, TAMIL NADU. You can reach the branch at +91 4427 000000.

Q3.What is the MICR code of Indian Bank MAGARAL?

The MICR code for Indian Bank MAGARAL is 600019197. It is printed at the bottom of cheques used for magnetic ink character recognition during clearing.

Q4.Does Indian Bank MAGARAL support 24x7 IMPS and NEFT transfers?

Yes, electronic fund transfers including IMPS, NEFT, and RTGS with IFSC IDIB000M124 are available 24x7 all year round as per Reserve Bank of India (RBI) guidelines.

Q5.How can I transfer money using IFSC code IDIB000M124?

Log in to your mobile or net banking app, go to Add Beneficiary, enter the recipient name, account number, and IFSC code IDIB000M124. Once validated, select IMPS, NEFT, or RTGS to execute the payment.

RBI Verification Disclaimer

Information displayed here is sourced from public Reserve Bank of India (RBI) records. While FinCrif rigorously updates branch details, IFSC, and MICR codes, please verify details with the recipient or branch before executing large-value RTGS/NEFT transfers.

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