Indian Bank IFSC Code South Usman Road Branch, MICR code, Address

IFSC Code of Indian Bank SOUTH USMAN ROAD, MICR Code of Indian Bank SOUTH USMAN ROAD

Get IFSC Code and MICR code of Indian Bank, South usman road, Tamil Nadu branch in CHENNAI city along with the address

Bank	Indian Bank
IFSC Code	IDIB000T115 (for money transfer by NEFT, RTGS and IMPS)
MICR Code	600019082
Address	NO 60, SOUTH USMAN ROAD T NAGAR 600017
Branch	SOUTH USMAN ROAD
City	CHENNAI
District	Chennai
State	Tamil Nadu

Personal Loan
@ 10.99%*

Home Loan
@ 8.35%*

Gold Loan
@ 9.50%*

Business Loan
@ 13.50%*

Loan Against Property
@ 9.25%*

Car Loan
@ 9.25%*

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Indian Bank Interest Rates in SOUTH USMAN ROAD, Chennai

	Interest Rates*
Indian Bank MCLR Base Rate	8.15% - 8.90%	Past Trend
Indian Bank Loan Against Property	13.80% - 13.80% Floating	Get Details
Indian Bank Personal Loan	14.50% - 17.00%	Get Details
Indian Bank Car Loan	9.95% - 0.00%	Get Details
Indian Bank FD Interest Rate	4.00% - 6.50%	Get Details

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Other Indian Bank Branches in Chennai

South Usman Road Ifsc Code

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Loan Amount	Cashback
Rs. 1 cr and above	Rs. 5,000
Rs. 75 lakh - less than Rs. 1 cr	Rs. 3,000
Rs. 50 lakh - less than Rs. 75 lakh	Rs. 2,000
Rs. 35 lakh - less than Rs. 50 lakh	Rs. 1,000
Rs. 20 lakh - less than Rs. 35 lakh	Rs. 500
Less than Rs. 20 lakh	Rs. 200

Indian Bank News - Jun 2017

2017-05-06 : Indian Bank launches new home loan product
Indian Bank has launched a new home loan product “IB Home Enrich” for repairs and renovation of houses. The bank also highlights that there is no need for mortgage of the house property under this new loan facility.
2017-05-05 : Indian Bank to cut base rate by 0.20%
Public sector lender, Indian Bank has reduced its base rate by 0.20 per cent to 9.45 per cent. It’s earlier rates were 9.65%. The new base rate will be effective from 7th May, 2017.However, the bank has not made any changes to its marginal cost- based lending rate (MCLR).
2017-05-05 : Indian Bank to reduce base rate by 20 basis points
Indian Bank has announced to reduce its base rate by 20 basis points to 9.45 per cent from 9.65 per cent earlier. All loans and advances related to the current base rate will become cheaper by 20 basis points. The new base rate will be effective from 7th May, 2017.
2017-05-03 : Indian Bank to raise Rs. 5,000 crore to fund infrastructure and affordable housing
Public sector lender, Indian Bank has decided to raise Rs. 5,000 crore to support loans for infrastructure and affordable housing. Soon, bank’s board of directors will approve the proposal for the issuance of long term bonds for financing of infrastructure and affordable housing sector.
2017-03-28 : Indian Bank to focus on retail sector for growth
Indian Bank has launched its new branch in Kovaipudur, taking its branch tally in Coimbatore to 88. The bank has decided to increase its focus on retail business. As per available data, total retail loan portfolio of the bank in Coimbatore, Tirupur and Nilgiris stands at Rs. 3,000 crore.

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