IFSC Code, MICR Codes for INDIAN BANK in PUNJAB - JALANDHAR - NAKODAR - NAKODAR

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


IFSC Code

IDIB000N008

MICR Code

141019095

Branch

NAKODAR

Contact

0

Address

1941RAILWAY ROAD NAKODAR JALANDHAR DIST. PUNJAB 141310

City

NAKODAR

District

JALANDHAR

State

PUNJAB





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

IDIB000N008

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.