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Indian Bank, NADALA

Here is the IFSC & MICR Codes of Indian Bank, NADALA, KAPURTHALA, PUNJAB. Also get the latest address, contact number of Indian Bank, NADALA.

IFSC Code
IDIB000N150
Branch
NADALA
Address
INDIAN BANK DHILWAN ROAD NADALA NADALA PIN 144624
Bank Code
IDIB
MICR
144019253

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Frequently asked questions

What's the IFSC Code of NADALA, Indian Bank?

The IFSC Code of NADALA, Indian Bank is IDIB000N150.

What's the Address of NADALA, Indian Bank?

The Address of NADALA, Indian Bank is INDIAN BANK DHILWAN ROAD NADALA NADALA PIN 144624.

What's the MICR Code of NADALA, Indian Bank?

The MICR Code of NADALA, Indian Bank is 144019253.

What's the District NADALA, Indian Bank falls under?

The District NADALA, Indian Bank falls under is NADALA.

Definition

What is IFSC Code

IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT (National Electronic Funds Transfer) system in India.

The IFSC code is used to facilitate electronic money transfers between banks in India. It is used to identify the sender and receiver bank branches, ensuring that the money is credited to the correct account. The IFSC code is made up of three parts:

  • The first four characters represent the bank code, identifying the bank that the branch belongs to.
  • The fifth character is always a zero, reserved for future use.
  • The last six characters represent the branch code, identifying the specific branch of the bank.

For example, the IFSC code for the State Bank of India's Mumbai Fort branch is SBIN0000300. In this code, "SBIN" is the bank code for State Bank of India, "0" is a reserved character, and "000300" is the branch code for the Mumbai Fort branch.

IFSC codes are used in many types of electronic transactions, including NEFT, RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).