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Indian Bank

SPECIALISED MSME BRANCH COIMBATORE BRANCH

+914222314694

IFSC CODE
IDIB000S337
MICR Code 641019005
Branch Code 00S337
City / District COIMBATORE
State TAMIL NADU
Office Address 19351 NAMASHIVAYAM BUILDING,TRICHY MAIN ROAD,RAMNATHPURAM,SOWRIPALAYAM PIRIVU,COIMBATORE-641045
Phone +914222314694
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Indian Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the SPECIALISED MSME BRANCH COIMBATORE branch of Indian Bank, the code IDIB000S337 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the IDIB000S337 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"IDIB" represents Indian Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for SPECIALISED MSME BRANCH COIMBATORE

Payment Systems Supported by IDIB000S337

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—641019005—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Indian Bank in COIMBATORE typically follows the RBI holiday calendar. Digital transfers via IDIB000S337 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While IDIB000S337 is the valid code for SPECIALISED MSME BRANCH COIMBATORE at COIMBATORE, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

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