Latest details of Ifsc: Indb0001623
INDUSIND BANK
Branch name : SUNAM
Contact Information
Address: INDUSIND BANK LTD GROUND FLOOR 1024 961 AGGARSAIN CHOWK CITY CENTRE SUNAM DIST SANGRUR 148028
Contact number: 1676223033
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.
