IFSC CODE DETAILS

INDIAN BANK

KORATTY Branch

IDIB000K242

Branch Information

IFSC Code IDIB000K242
Bank INDIAN BANK
Branch KORATTY
Address 1ST FLOOR VAZHAPPILLY TOWERS OPP GOVTOF INDIA PRESS KORATTY KINFRA PARK PO PIN 680309
City KORATTY
District THRISSUR
State KERALA
PIN Code 680309
STD Code 480

Understanding IFSC Code IDIB000K242

IDIB
Bank Code
0
Reserved
00K242
Branch Code
  • IDIB: identifies INDIAN BANK
  • 0: reserved digit (always 0 for future use)
  • 00K242: identifies the KORATTY branch in KORATTY, KERALA

Frequently Asked Questions: IDIB000K242

What is the IFSC code of INDIAN BANK KORATTY branch?

The IFSC code of INDIAN BANK KORATTY branch is IDIB000K242. This code is used for NEFT, RTGS, and IMPS fund transfers to this branch in KORATTY, KERALA (PIN 680309).

What does the IFSC code IDIB000K242 mean?

IDIB identifies INDIAN BANK, 0 is a reserved digit (always 0), and 00K242 identifies the KORATTY branch. Together they form the 11-character IFSC code assigned by the Reserve Bank of India.

Where is INDIAN BANK KORATTY branch located?

INDIAN BANK KORATTY branch is located at 1ST FLOOR VAZHAPPILLY TOWERS OPP GOVTOF INDIA PRESS KORATTY KINFRA PARK PO PIN 680309. PIN code: 680309.

Can I use IDIB000K242 for NEFT, RTGS, IMPS and UPI?

Yes, IDIB000K242 is valid for all electronic transfers: NEFT (24x7, batch settlement), RTGS (real-time, minimum Rs 2 lakh), IMPS (instant, 24x7, up to Rs 5 lakh), and UPI (IFSC is used internally for bank routing in all UPI transactions). Enter this code with the account number to transfer funds to INDIAN BANK KORATTY.

What is the MICR code for INDIAN BANK KORATTY branch?

MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque clearing and processing. Unlike the IFSC code used for online transfers, the MICR code is printed at the bottom of your cheque leaf using magnetic ink and is read by automated clearing machines.

Is the IFSC code IDIB000K242 still active?

Based on RBI records, IDIB000K242 is an active IFSC code assigned to INDIAN BANK KORATTY in KORATTY, KERALA. If you receive a transaction failure citing this IFSC, contact INDIAN BANK directly or verify on the RBI website, as codes may be updated following bank mergers or branch relocations.

Verify Before You Transfer

Always confirm the IFSC code directly with INDIAN BANK or the RBI before initiating a high-value transfer.

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PIN code for this branch: 680309

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