Indian Bank has 37 branches in Salem like Yercaud , Vellalapatti , Veerapandi , . Please select a branch from the list below to get the location, contact details, IFSC code, MICR code.
| Branch Name | Branch Address | IFSC Code | MICR Code | Bank | City | District | State |
|---|---|---|---|---|---|---|---|
| Yercaud | Hotel Select Bulding Near Bus Stand Yercaud 636601 | IDIB000Y002 | 636019093 | Indian Bank | Yercaud | Salem | Tamil Nadu |
| Vellalapatti | M K K Buidling Vellalapatty Post Karuppur (Via) Salem 636012 | IDIB000V056 | 636019010 | Indian Bank | Vellalapatti | Salem | Tamil Nadu |
| Veerapandi | 3/16 Salem Main Road Veerapandy Salem 636308 | IDIB000V036 | 636019014 | Indian Bank | Veerapandi | Salem | Tamil Nadu |
| Thumbal | Salem Main Road Thumbal (Via Valappady) Salem 636114 | IDIB000T073 | 636019068 | Indian Bank | Thumbal | Salem | Tamil Nadu |
| Thippampatti | Kammalapatti Main Road Via Panamarthupatti Thippampatti Salem Tamil Nadu-636204 |
IDIB000T157 | 636019060 | Indian Bank | Panamarathupatti | Salem | Tamil Nadu |
| Thevur | 218/1 Main Road Thevur Salem 637104 | IDIB000T074 | 637019008 | Indian Bank | Thevur | Salem | Tamil Nadu |
| Theevattipatti | Salem-Dharmapuri Main Road Theevattipatty Salem 636351 | IDIB000T059 | 636019076 | Indian Bank | Theevattipatti | Salem | Tamil Nadu |
| Thammampatti | Sri Ranga Bulds 203 Trichy Road Thammampatty Salem 636113 | IDIB000T013 | 636019081 | Indian Bank | Tamapatti | Salem | Tamil Nadu |
| Taramangalam | 163 Jalakandapuram Main Road Taramangalam 636502 | IDIB000T122 | 636019091 | Indian Bank | Taramangalam | Salem | Tamil Nadu |
| Talaivasal | 1/1 Cuddalore Main Road Talaivasal 636112 | IDIB000T002 | 636019087 | Indian Bank | Talaivasal | Salem | Tamil Nadu |
| Sivadhapuram | Siddhar Koil Main Road, Sivadhapuram Salem Tamilnadu 636 307 | IDIB000S083 | 636019084 | Indian Bank | Salem | Salem | Tamil Nadu |
| Shevapet | P B No 255 589, Fort Main Road Shevapet 636002 | IDIB000S018 | 636019008 | Indian Bank | Salem | Salem | Tamil Nadu |
| Seelanaickenpatti | 26/7, Trichy Main Road,Seelannaickenpatti, Seelanaickenpatti Post, Salem |
IDIB000S215 | 636019061 | Indian Bank | Salem | Salem | Tamil Nadu |
| Sankari | 1-14/B 4 Bhavani Main Road Sankari Salem 637301 | IDIB000S090 | 636019016 | Indian Bank | Sankari | Salem | Tamil Nadu |
| Salem Main | 101-A, Arunachalam Street,Salem 636001 | IDIB000S007 | 636019002 | Indian Bank | Salem | Salem | Tamil Nadu |
Full form of IFSC code is Indian Financial System Code.
When you want to make a payment to an account you would need to mention an IFSC code along with the account number. IFSC code is used to identify a branch of a bank. An account number along with an IFSC code is used uniquely identify an account. This combination can be then used to make online fund transfer through NEFT or RTGS.
On the other hand, NEFT transactions generally take upto 2 hours to settle.
MICR stands for Magnetic Ink Character Recognition. It appears on your cheque just after your cheque number. It is used to identify a particular branch of a bank in a city. It is a nine digit number of which first 3 digits stand for city, next 3 for bank and last 3 for branch.
The MICR code is used for clearing the cheques. A machine can read MICR code and quickly identify the exact branch where the account of the cheque issuers is held.
National Electronic Funds Transfer is used for transferring the funds online. The system is available from 8 in the morning till 7 in the evening and 1 in the afternoon. Any NEFT requests not cleared on a day are rolled over to the next day and cleared on next working day. If you want to transfer funds instantly use RTGS or IMPS instead. You can also use online wallets.