Latest details of Ifsc: Indb0002305

Contact Information

Address: KANAKWAL CHEEMA MAIN ROAD NEAR INDIAN OIL PETROL PUMP KANAKWAL BHANGUAN TEHSIL SUNAM SANGRUR 148028 PUNJAB

Contact number: 7678088629

Bank Details

IFSC Code: INDB0002305

City: SANGRUR

District: SANGRUR

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.

IFSC and MICR code sample on bank cheque