RBI Verified CodeSALEM, TAMIL NADU

Indian Bank

MAGUDAN CHAVADI Branch • IFSC: IDIB000M534

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Branch Specifications & IFSC Data

Updated 2026
Bank NameIndian Bank
Branch NameMAGUDAN CHAVADI
Complete AddressGANESAN COMPLEX MAGUDANCHAVADI MAGUDANCHAVADI POST SANKARI TK PIN 637103
City / LocalitySALEM
DistrictSALEM
StateTAMIL NADU
Contact Helpline+91 4283 000000
IFSC CodeIDIB000M534
MICR Code636019072
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 MAGUDAN CHAVADI branch is IDIB000M534. 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 Code00M534

Last 6 digits identify MAGUDAN CHAVADI branch.

Frequently Asked Questions (Indian Bank MAGUDAN CHAVADI)

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

The IFSC code for Indian Bank MAGUDAN CHAVADI branch is IDIB000M534. 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 MAGUDAN CHAVADI?

The complete address is: GANESAN COMPLEX MAGUDANCHAVADI MAGUDANCHAVADI POST SANKARI TK PIN 637103, SALEM, TAMIL NADU. You can reach the branch at +91 4283 000000.

Q3.What is the MICR code of Indian Bank MAGUDAN CHAVADI?

The MICR code for Indian Bank MAGUDAN CHAVADI is 636019072. It is printed at the bottom of cheques used for magnetic ink character recognition during clearing.

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

Yes, electronic fund transfers including IMPS, NEFT, and RTGS with IFSC IDIB000M534 are available 24x7 all year round as per Reserve Bank of India (RBI) guidelines.

Q5.How can I transfer money using IFSC code IDIB000M534?

Log in to your mobile or net banking app, go to Add Beneficiary, enter the recipient name, account number, and IFSC code IDIB000M534. 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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