IFSC Code, MICR Codes for INDIAN BANK in PUNJAB - FARIDKOT - FARIDKOT - FARIDKOT

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


IFSC Code

IDIB000F007

MICR Code

151019602

Branch

FARIDKOT

Contact

0

Address

JUBILEE CINEMA CHOWK IST FLOOR JUBILEE TOWER FARIDKOT 151203

City

FARIDKOT

District

FARIDKOT

State

PUNJAB





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

IDIB000F007

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.