IDIB000D058 IFSC Code, INDIAN BANK, BARWALA ROAD DERABASSI

IFSC Code of Indian Bank, Barwala Road Derabassi, Punjab IFSC CODE & MICR CODE

INDIAN BANK, BARWALA ROAD DERABASSI - IDIB000D058

  • Bank name: INDIAN BANK

Bank Address: Gurbax Colony Barwala Road Dera Bassi Dera Bassi Pin 140507

  • IFSC Code idib000d058
  • Bank Code IDIB
  • Bank name INDIAN BANK
  • Bank contact number +911762282829
  • Bank branch BARWALA ROAD DERABASSI
  • Bank ISO3166 Code IN-PB
  • Bank Center DERA BASSI
  • MICR Code 160019011
  • State name PUNJAB
  • District name DERA BASSI
  • City name SAS NAGAR MOHALI
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for INDIAN BANK, BARWALA ROAD DERABASSI branch is IDIB000D058, ensures that your transactions are directed to the correct branch.

How to Use IDIB000D058 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the BARWALA ROAD DERABASSI branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.