IFSC Code, MICR Codes for INDIAN BANK in PUNJAB - PATIALA - RAJPURA - ABRAWAN

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


IFSC Code

IDIB000A184

MICR Code

WAITING

Branch

ABRAWAN

Contact

8427688040

Address

ABRAWAN VILLAGE MANAKPUR POST SAS NAGAR MOHALI DIST PUNJAB PIN-140602

City

RAJPURA

District

PATIALA

State

PUNJAB





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

IDIB000A184

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.