IFSC Code, MICR Codes for INDIAN BANK in PUNJAB - LUDHIANA - LUDHIANA - SUNDER NAGAR

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


IFSC Code

IDIB000S252

MICR Code

WAITING

Branch

SUNDER NAGAR

Contact

8427688110

Address

2435 MAIN ROAD SUNDER NAGAR LUDHIANA LUDHIANA DIST PUNJAB PIN 141007

City

LUDHIANA

District

LUDHIANA

State

PUNJAB





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

IDIB000S252

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.