Latest details of Ifsc: Indb0000949
INDUSIND BANK
Branch name : SADIQ
Contact Information
Address: GRD FLR SHOP NO KH NO 1972 1 VILLAGE MAIN ROAD FARIDKOT ROAD SADIQ TEHSIL FARIDKOT 151212 PUNJAB
Contact number: 221077
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.
