IFSC Code, MICR Codes for INDIAN BANK in PUNJAB - SANGRUR - SANGRUR - SANGRUR

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


IFSC Code

IDIB000S126

MICR Code

148019006

Branch

SANGRUR

Contact

0

Address

OUTSIDE DHURI GATE OPP NEW SECRETARIAT SANGRUR 148001

City

SANGRUR

District

SANGRUR

State

PUNJAB





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

IDIB000S126

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.