Latest details of Ifsc: Idib000m325
INDIAN BANK
Branch name : MANDALI
Contact Information
Address: NEAR BABA MAT PALACE PHAGWARA TO BANGA ROAD VILLAGE MANDHALI PO MANDHALI PIN 144501
Contact number: 283508
Bank Details
IFSC Code: IDIB000M325
City: SHAHID BHAGAT SINGH NAGAR
District: SHAHID BHAGAT SINGH NAGAR
State: PUNJAB
IFSC code can be used for RTGS, IMPS and NEFT transactions
Last six characters of IFSC Code make a Branch code.
IFSC Code
Indian Financial System Code (IFSC) is an 11-character code used for electronic payments through RTGS, NEFT, and IMPS. The code structure:
- • First 4 characters: Bank identifier
- • 5th character: Reserved (0)
- • Last 6 characters: Branch code
MICR Code
MICR (Magnetic Ink Character Recognition) code is printed on cheques to facilitate automated processing. This code helps identify the bank and branch during cheque clearing processes.
These codes are essential for secure and accurate electronic fund transfers within the Indian banking system.
