Indian Bank has 13 branches in Erode like Thottani , Sathya Mangalam , Perundurai Road , . 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 |
|---|---|---|---|---|---|---|---|
| Thottani | Nanda College Of Pharmacy Campus Perundurai Main Road Thottani 638052 |
IDIB000T137 | NON-MICR | Indian Bank | Perundurai | Erode | Tamil Nadu |
| Sathya Mangalam | Sathyamangalam Mysore Trunk Road Opp. Taluk Office 638401 | IDIB000S123 | 638019096 | Indian Bank | Sathyamangalam | Erode | Tamil Nadu |
| Perundurai Road | 74, Perundurai Road Erode Erode 638011 | IDIB000P106 | 638019003 | Indian Bank | Erode | Erode | Tamil Nadu |
| Perundurai | Old Bus Stand Road Perundurai Erode Tamil Nadu -638052 | IDIB000P155 | 638019004 | Indian Bank | Perundurai | Erode | Tamil Nadu |
| Paranjervazhi | Thittuparai Nathakattu Valasu Po Kangeyam Erode 638701 | IDIB000P094 | 638019009 | Indian Bank | Paranjervazhi | Erode | Tamil Nadu |
| Kangeyam | Sf No 451/3 Rajaji Street Kangeyam 638701 | IDIB000K185 | NON-MICR | Indian Bank | Kangeyam | Erode | Tamil Nadu |
| Kadaiyur | Kadaiyur 106, Kovai Main Road Kadaiyur 638701 | IDIB000K102 | 638019097 | Indian Bank | Kadaiyur | Erode | Tamil Nadu |
| Gobichettipalayam | 3 Slaughter House St Gobichettipalayam 638452 | IDIB000G009 | 638019006 | Indian Bank | Gobichettipalayam | Erode | Tamil Nadu |
| Erode Main | P.B.No.1, 9 Gandhiji Road, Erode Tamilnadu. Pin Code. 638 001. |
IDIB000E008 | 638019002 | Indian Bank | Erode | Erode | Tamil Nadu |
| Elumathur | Selva Nagar Elumathur Erode 638104 | IDIB000E016 | 638019091 | Indian Bank | Elumathur | Erode | Tamil Nadu |
| Dharapuram | R T J Complex Vasantha Road Dharapuram 638656 | IDIB000D041 | 638019008 | Indian Bank | Dharapuram | Erode | Tamil Nadu |
| Chennimalai | 201 Kangeyam Road Chennimalai Erode 638051 | IDIB000C063 | 638019010 | Indian Bank | Chennimalai | Erode | Tamil Nadu |
| Bhavani | 17/40 Bajaniai Koil St Bhavani 638301 | IDIB000B078 | 638019004 | Indian Bank | Bhavani | Erode | 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.