IFSC Code, MICR Codes for INDUSIND BANK in MAHARASHTRA - NAGPUR - NAGPUR - SADAR NAGPUR

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


IFSC Code

INDB0000527

MICR Code

440234005

Branch

SADAR NAGPUR

Contact

0

Address

INDUSIND BANK LTD. GROUND FLOOR -SHOP NO 1 & FIRST FLOOR- SHOP 34 ?

City

NAGPUR

District

NAGPUR

State

MAHARASHTRA





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

INDB0000527

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.