IFSC Code, MICR Codes for INDIAN BANK in PUNJAB - KAPURTHALA - NADALA - NADALA

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


IFSC Code

IDIB000N150

MICR Code

WAITING

Branch

NADALA

Contact

8427688109

Address

DHILWAN ROAD NADALA KAPURTHALA DIST PUNJAB PIN-144624

City

NADALA

District

KAPURTHALA

State

PUNJAB





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

IDIB000N150

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.