IFSC Code, MICR Codes for INDUSIND BANK in MADHYA PRADESH - INDORE - INDORE - BILAWALI

INDUSIND BANK RTGS HO Branch in INDORE - Address, IFSC, MICR Code


IFSC Code

INDB0000628

MICR Code

WAITING

Branch

BILAWALI

Contact

7581810170

Address

GR FLR PLOT 63 GANESH NAGAR GRAM BILAWALI TEHSIL DIST INDORE 452020 MADHYA PRADESH

City

INDORE

District

INDORE

State

MADHYA PRADESH





What is IFSC Code of INDUSIND BANK situated at BILAWALI- RTGS-HO?
IFSC Code of INDUSIND BANK situated at BILAWALI - RTGS-HO is

INDB0000628

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.