Indian Bank — MAGUDAN CHAVADI Branch
SALEM, TAMIL NADU
Available Services
Branch Details
| Bank Name | Indian Bank |
|---|---|
| Branch Name | MAGUDAN CHAVADI |
| IFSC Code | IDIB000M534 |
| MICR Code | 636019072 |
| SWIFT Code | N/A |
| Address | GANESAN COMPLEX MAGUDANCHAVADI MAGUDANCHAVADI POST SANKARI TK PIN 637103 |
| City | SALEM |
| District | SALEM |
| State | TAMIL NADU |
| Contact Number | +914283257713 |
How to Use IDIB000M534 for Money Transfers
The IFSC code IDIB000M534 is specifically assigned to the MAGUDAN CHAVADI branch of Indian Bank located in SALEM, TAMIL NADU. This unique code is mandatory for routing electronic payments correctly within India.
NEFT Transfer
Use IDIB000M534 when adding this branch as a beneficiary in NEFT transactions. NEFT operates in half-hourly batches from 12:30 AM to 12:00 AM on all days. Enter the IFSC, account number, and account holder name carefully to ensure successful transfer.
RTGS Transfer
For high-value transactions above ₹2 lakh, RTGS offers real-time gross settlement. Use IDIB000M534 along with the beneficiary's exact account number. RTGS is available on working days from 7:00 AM to 6:00 PM.
IMPS & UPI
IMPS and UPI allow instant 24×7 transfers. While UPI apps often auto-resolve the IFSC from the VPA, mobile banking apps require IDIB000M534 when registering a new beneficiary.
Always double-check the account number before confirming any transfer — the IFSC routes funds to the correct branch, but the account number specifies the exact recipient.
About Indian Bank MAGUDAN CHAVADI Branch
The MAGUDAN CHAVADI branch of Indian Bank is situated in SALEM, TAMIL NADU. The branch address is GANESAN COMPLEX MAGUDANCHAVADI MAGUDANCHAVADI POST SANKARI TK PIN 637103. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at +914283257713. Always use the IFSC code IDIB000M534 when making any online fund transfer to an account held at this branch.
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