IFSC Code, MICR Codes for ALLAHABAD BANK in PUNJAB - LUDHIANA - LUDHIANA - KHARAR

ALLAHABAD BANK RTGS HO Branch in LUDHIANA - Address, IFSC, MICR Code


IFSC Code

ALLA0212467

MICR Code

160010010

Branch

KHARAR

Contact

2060501

Address

NH 21. VILLAGE: DELSER MAJRA KHARAR DIST: MOHALI PUNJAB 140301

City

LUDHIANA

District

LUDHIANA

State

PUNJAB





What is IFSC Code of ALLAHABAD BANK situated at KHARAR- RTGS-HO?
IFSC Code of ALLAHABAD BANK situated at KHARAR - RTGS-HO is

ALLA0212467

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.