IFSC Code, MICR Codes for INDUSIND BANK in PUNJAB - LUDHIANA - LUDHIANA - URBAN ESTATE FOCUL POINT

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


IFSC Code

INDB0000520

MICR Code

141234003

Branch

URBAN ESTATE FOCUL POINT

Contact

0

Address

UPSC JAIN PUBLIC SCHOOLCHANDIGARH ROAD URBAN ESTATE II LUDHIANA ?

City

LUDHIANA

District

LUDHIANA

State

PUNJAB





What is IFSC Code of INDUSIND BANK situated at URBAN ESTATE FOCUL POINT- RTGS-HO?
IFSC Code of INDUSIND BANK situated at URBAN ESTATE FOCUL POINT - RTGS-HO is

INDB0000520

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.