IFSC Code, MICR Codes for INDIAN BANK in ODISHA - BALANGIR - LOISINGHA - LOISINGHA

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


IFSC Code

IDIB000L020

MICR Code

NA

Branch

LOISINGHA

Contact

0

Address

NEAR BLOCK CHOWK AND GOVT HOSPITALLOISINGHABOLANGIR DISTBALANGIR ORISSAPIN 767020

City

LOISINGHA

District

BALANGIR

State

ODISHA





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

IDIB000L020

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.