IFSC Code, MICR Codes for IDBI BANK in PUNJAB - LUDHIANA - LUDHIANA - RETAIL ASSETS LUDHIANA

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


IFSC Code

IBKL0000825

MICR Code

WAITING

Branch

RETAIL ASSETS LUDHIANA

Contact

0

Address

IDBI BANK(RAC) SCO 126-128 1ST. FLOOR KALINGA TOWERSFIROZ GANDHI MKT.LUDHIANAPUNJAB.PIN CODE-141001

City

LUDHIANA

District

LUDHIANA

State

PUNJAB





What is IFSC Code of IDBI BANK situated at RETAIL ASSETS LUDHIANA- RTGS-HO?
IFSC Code of IDBI BANK situated at RETAIL ASSETS LUDHIANA - RTGS-HO is

IBKL0000825

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.