IFSC Code, MICR Codes for INDIAN BANK in DELHI - NEW DELHI - DELHI - KAROL BAGH

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


IFSC Code

IDIB000K023

MICR Code

110019007

Branch

KAROL BAGH

Contact

0

Address

13/36 ARYA SAMAJ ROAD KAROL BAGHDELHI110005

City

DELHI

District

NEW DELHI

State

DELHI





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

IDIB000K023

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.