IFSC Code | IDIB000L003 |
Bank | INDIAN BANK |
Address | Clock Tower Chowk Ludhiana LUDHIANA LUDHIANA PIN 141008 |
District | LUDHIANA |
State | PUNJAB |
Branch | LUDHIANA |
Phone Number | + 161 5073404 |
Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI).
Code has eleven characters "Alpha Numeric" in nature.
First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.
Here in this IFSC code IDIB000L003 where bank char is IDIB and branch is 00L003.
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.