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It is very important to find MICR code 505019010 of correct branch before initiating a NEFT or RTGS or IMPS transfer. Though all banks will have a mechanism to verify the MICR Code, Bank Branch, Account Type and Name and any mismatch will result in failed transaction!
The best and simplest place to verify 505019010 MICR code branch is the cheque book. Most banks now print MICR Codes on the cheque books. Also, your account pass book should have the MICR Code printed.
505019010 is the MICR Code for Peidimadugu branch of Indian Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to Indian Bank account. The address of Peidimadugu branch is Paidimadugu (via) raikal karimnagar 505460, which is located in Karim Nagar District of Andhra Pradesh State.
In Indian Bank MICR Code, the first 4 characters (5050) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (9010) represent the Indian Bank branch code.
Find more information on MICR Code 505019010 of Indian Bank Peidimadugu Branch MICR Code Peidimadugu for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 505019010 details before initiating any transaction!