IFSC Code, MICR Codes for INDIAN BANK in DELHI - NEW DELHI - DELHI - KASHMERE GATE

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


IFSC Code

IDIB000K029

MICR Code

110019008

Branch

KASHMERE GATE

Contact

0

Address

1376 LOTHIAN ROADDELHI110006110006

City

DELHI

District

NEW DELHI

State

DELHI





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

IDIB000K029

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.