IFSC Code, MICR Codes for INDIAN BANK in PUNJAB - LUDHIANA - LUDHIANA - SHAHID KARNAIL SINGH NAGAR

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


IFSC Code

IDIB000S238

MICR Code

NA

Branch

SHAHID KARNAIL SINGH NAGAR

Contact

8427688092

Address

HOUSE NO. 48C SHAHEED KARNAIL SINGH NAGAR PHASE III SUA ROAD JAWADI NEAR PAKHOWAL ROAD LUDHIANA DIST PUNJAB PIN - 141 013

City

LUDHIANA

District

LUDHIANA

State

PUNJAB





What is IFSC Code of INDIAN BANK situated at SHAHID KARNAIL SINGH NAGAR- RTGS-HO?
IFSC Code of INDIAN BANK situated at SHAHID KARNAIL SINGH NAGAR - RTGS-HO is

IDIB000S238

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.