Indian Bank Branches In Erode, Tamil Nadu - IFSC, MICR Codes, Phone

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IFSC Codes for Indian Bank In Erode, Tamil Nadu

18 branches found.Showing 1 - 15
Indian Bank - Alukkuli Branch
Address: N K Complex, Gobi Sathy Main Road, Kovai Pirivu, Alukkuli, Erode, Tamil Nadu, Pin - 638453
City: Erode
District: Erode, Tamil Nadu
IFSC Code: IDIB000A169
Indian Bank - Bhavani Branch
Address: 17/40 Bajaniai Koil St Bhavani 638301
City: Bhavani
District: Erode, Tamil Nadu
IFSC Code: IDIB000B078
Indian Bank - Chennimalai Branch
Address: 201 Kangeyam Road Chennimalai Erode 638051
City: Chennimalai
District: Erode, Tamil Nadu
IFSC Code: IDIB000C063
Indian Bank - Dharapuram Branch
Address: R T J Complex Vasantha Road Dharapuram 638656
City: Dharapuram
District: Erode, Tamil Nadu
IFSC Code: IDIB000D041
Indian Bank - Erode Main Branch
Address: P.b.no.1, 9 Gandhiji Road, Erode Tamilnadu. Pin Code. 638 001.
City: Erode
District: Erode, Tamil Nadu
IFSC Code: IDIB000E008
Indian Bank - Elumathur Branch
Address: Selva Nagar Elumathur Erode 638104
City: Elumathur
District: Erode, Tamil Nadu
IFSC Code: IDIB000E016
Indian Bank - Gobichettipalayam Branch
Address: 3 Slaughter House St Gobichettipalayam 638452
City: Gobichettipalayam
District: Erode, Tamil Nadu
IFSC Code: IDIB000G009
Indian Bank - Kadaiyur Branch
Address: Kadaiyur 106, Kovai Main Road Kadaiyur 638701
City: Kadaiyur
District: Erode, Tamil Nadu
IFSC Code: IDIB000K102
Indian Bank - Kangeyam Branch
Address: Sf No 451/3 Rajaji Street Kangeyam 638701
City: Kangeyam
District: Erode, Tamil Nadu
IFSC Code: IDIB000K185
Indian Bank - Paranjervazhi Branch
Address: Thittuparai Nathakattu Valasu Po Kangeyam Erode 638701
City: Paranjervazhi
District: Erode, Tamil Nadu
IFSC Code: IDIB000P094
Indian Bank - Perundurai Road Branch
Address: 74, Perundurai Road Erodeerode638011
City: Erode
District: Erode, Tamil Nadu
IFSC Code: IDIB000P106
Indian Bank - Perundurai Branch
Address: Old Bus Stand Road Perundurai Erode Tamil Nadu -638052
City: Perundurai
District: Erode, Tamil Nadu
IFSC Code: IDIB000P155
Indian Bank - Pallipalayam Branch
Address: 109a K.s &sons Building Sankagiri Byepass Road Pallipalayam Namakkaltamil Nadu- 638006
City: Pallipalayam
District: Erode, Tamil Nadu
IFSC Code: IDIB000P208
Indian Bank - Rayapalayam Branch
Address: 1, Main Road, Rayapalayam, Nasianur Post, Erode, Tamil Nadu, Pin - 638107
City: Nasianur
District: Erode, Tamil Nadu
IFSC Code: IDIB000R089
Indian Bank - Sathya Mangalam Branch
Address: Sathyamangalammysore Trunk Roadopp. Taluk Office 638401
City: Sathyamangalam
District: Erode, Tamil Nadu
IFSC Code: IDIB000S123
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IFSC Code Search

Key Stats: Indian Bank
Key Details:
Employees: 18793
No. of Offices: 2128
Bank Type: Public Sector Bank
Website: http://www.indian-bank.com/
Customer Care: 1800 4250 0000

Financial Details:
Business per Employee : 130.10
Net Income Margin (NIM) : 2.97
Cost of Funds (COF) : 6.92
Return on Equity : 13.89
Return on Assets : 1.02
Capital Adequacy : 13.08
Non Performing assets ratio : 2.26
IFSC Codes for NEFT
IFSC Codes are used for initiating money transfer through NEFT or RTGS. This code uniquely identifies the bank branch where the receiver of the funds has his/her account. IFSC code is a 11 character alpha-numeric code assigned to each bank branch by RBI in India.

NEFT Online Transfer:
NEFT is the most cost effective and secure way of account to account money transfer in India. It usually takes around 1-4hrs to receive the money using NEFT.

NEFT Timings:
Monday-Friday:8am to 7pm
Saturday:8am to 1pm
Sunday:Closed
Note: Any transfer made outside the time limit will be initiated on the next working day.

NEFT Fees:
Up to Rs.10,000Rs.2.50 + Service Tax
Rs.10,000 to Rs.1 LakhRs.5.00 + Service Tax
Rs.1 Lakh to Rs.2 LakhRs.15.00 + Service Tax
Rs. 2 Lakh OnwardsRs.25.00 + Service Tax
Note: This is the maximum fees which a bank can charge. Actual charges can be lower.

Find IFSC Codes:
IFSC code for a bank branch can be located on the cheque book or the pass book issued by the branch. You may also search our website to find the ifsc code for branches of all banks in India.

IFSC Code: Indian Financial System Code or IFSC is a 11 character code used in India for domestic inter-bank money transfer. This alpha numeric code uniquely identifies the bank branch participating in NEFT and RTGS payment systems. Most financial institution use the NEFT system as it is managed and promoted by Reserve Bank of India (RBI - India's Central Bank). The first 4 characters of IFSC Code represent the bank, and the last 6 numbers represent the branch of that bank. The 5th character is 0 (zero) and is reserved for future use. To initiate money transfer, you need to provide the IFSC code of the receiver's bank branch. This code is used by the NEFT system to identify the destination bank branch and also to route the messages appropriately to the concerned banks and branches.

NEFT Transfers: National Electronic Funds Transfer (NEFT) is India's electronic payment system facilitating one-to-one funds transfer. Individuals, firms and corporates can electronically transfer funds from any bank branch to any individual, firm or corporate having an account with any other bank branch in the country. There is no limit – either minimum or maximum – on the amount of funds that could be transferred using NEFT. NEFT fund transfer system is the most secure and cost effective way to transfer money in India with no fees for receiver and very low fee for the sender (it is among the lowest for domestic interbank transfer across the world). Apart from that, it is also very fast with funds crediting in the receiver's account in around 1-4hrs after initiating the transfer.

RTGS Transfers: RTGS (Real Time Gross Settlement) system is a real-time inter-bank money transfer method for transferring money within India. RTGS is primarily meant for large value transactions and the minimum amount to be remitted through RTGS is Rs. 2 lakh. There is no upper ceiling for RTGS transactions. For this reason, it is usually used by corporates who need to transfer large sums of money in real time to meet various payment needs. RTGS is also most cost effective and secure way to transfer the money instantaneously to the receiver's bank account.