IFSC Code, MICR Codes for INDIAN BANK in CHANDIGARH - RAIPUR - PENDRAVAN - PENDRAVAN

INDIAN BANK RTGS HO Branch in PENDRAVAN - Address, IFSC, MICR Code


IFSC Code

IDIB000P116

MICR Code

493019003

Branch

PENDRAVAN

Contact

0

Address

PACHAYATI BHAWAN PENDRAWAN SARSIWA PO RAIPUR 493559

City

PENDRAVAN

District

RAIPUR

State

CHANDIGARH





What is IFSC Code of INDIAN BANK situated at PENDRAVAN- RTGS-HO?
IFSC Code of INDIAN BANK situated at PENDRAVAN - RTGS-HO is

IDIB000P116

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.