IFSC Code, MICR Codes for INDIAN BANK in PUNJAB - LUDHIANA - LUDHIANA - MODEL TOWN

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


IFSC Code

IDIB000M149

MICR Code

141019005

Branch

MODEL TOWN

Contact

0

Address

GURU NANAK KHALSA COLLETE- FOR WOMEN GUJARKHAN COMPLEXMODEL TOWNLUDHIANA141002

City

LUDHIANA

District

LUDHIANA

State

PUNJAB





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

IDIB000M149

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.