IFSC Code, MICR Codes for IDBI BANK in PUNJAB - LUDHIANA - LUDHIANA - BRS NAGAR LUDHIANA

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


IFSC Code

IBKL0000271

MICR Code

141259004

Branch

BRS NAGAR LUDHIANA

Contact

0

Address

PLOT NO 459 - G?

City

LUDHIANA

District

LUDHIANA

State

PUNJAB





What is IFSC Code of IDBI BANK situated at BRS NAGAR LUDHIANA- RTGS-HO?
IFSC Code of IDBI BANK situated at BRS NAGAR LUDHIANA - RTGS-HO is

IBKL0000271

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.