IFSC Code, MICR Codes for INDIAN BANK in MADHYA PRADESH - INDORE - GAWLI PALASIA - PALASIA

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


IFSC Code

IDIB000P233

MICR Code

WAITING

Branch

PALASIA

Contact

9770044450

Address

ADITHYA ENCLAVE C-1HIGMAIN ROADAB ROAD PALASIA INDORE DIST MP PIN-452015

City

GAWLI PALASIA

District

INDORE

State

MADHYA PRADESH





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

IDIB000P233

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.