IDIB000D576 IFSC Code, INDIAN BANK, DERABASSI

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

INDIAN BANK, DERABASSI - IDIB000D576

  • Bank name: INDIAN BANK

Bank Address: Chandigarh Ambala Highway Near Swagat Regency Hotel Derabassi Derabassi Pin 140507

  • IFSC Code idib000d576
  • Bank Code IDIB
  • Bank name INDIAN BANK
  • Bank contact number +919416641276
  • Bank branch DERABASSI
  • Bank ISO3166 Code IN-PB
  • Bank Center DERABASSI
  • MICR Code 160019044
  • State name PUNJAB
  • District name DERABASSI
  • City name SAHIBZADA AJIT SINGH NAGAR
  • 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, DERABASSI branch is IDIB000D576, ensures that your transactions are directed to the correct branch.

How to Use IDIB000D576 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 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.