IFSC Code, MICR Codes for INDUSIND BANK in PUNJAB - SAS NAGAR(MOHALI) - RUPNAGAR - DAON

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


IFSC Code

INDB0000254

MICR Code

160234010

Branch

DAON

Contact

0

Address

SHOP NO.2 GREEN ENCLAVE KHARAR ROAD DAON - 140301 TEHSIL & DIST: MOHALI

City

RUPNAGAR

District

SAS NAGAR(MOHALI)

State

PUNJAB





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

INDB0000254

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.