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

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


IFSC Code

INDB0000529

MICR Code

452234503

Branch

NIHALPUR MUNDI

Contact

0

Address

303A SILICON CITY ?

City

NIHALPUR MUNDI

District

INDORE

State

MADHYA PRADESH





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

INDB0000529

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.