IFSC Code, MICR Codes for INDIAN BANK in MAHARASHTRA - PUNE - PUNE - WAKAD

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


IFSC Code

IDIB000W016

MICR Code

411019018

Branch

WAKAD

Contact

7743870985

Address

SECTOR 40 PLOT NO SDC 1-2 SHOP NO 171819 LEGACY SQUARE OPP KAVERI NAGAR POLICE COLONY WAKAD PUNE MAHARASTRA PIN-411057

City

PUNE

District

PUNE

State

MAHARASHTRA





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

IDIB000W016

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.