IDIB000O517 IFSC Code, INDIAN BANK, LUDHIANA OSWAL WOLLEN MILLS

IFSC Code of Indian Bank, Ludhiana Oswal Wollen Mills, Punjab IFSC CODE & MICR CODE

INDIAN BANK, LUDHIANA OSWAL WOLLEN MILLS - IDIB000O517

  • Bank name: INDIAN BANK

Bank Address: Main Road Oswal Factory Near Monte Carlo Showroom G T Road Sherpur Chowk Ludhiana Ludhiana Ludhiana Pin 141010

  • IFSC Code idib000o517
  • Bank Code IDIB
  • Bank name INDIAN BANK
  • Bank contact number +91161254027
  • Bank branch LUDHIANA OSWAL WOLLEN MILLS
  • Bank ISO3166 Code IN-PB
  • Bank Center LUDHIANA
  • MICR Code 141019019
  • State name PUNJAB
  • District name LUDHIANA
  • City name LUDHIANA
  • 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, LUDHIANA OSWAL WOLLEN MILLS branch is IDIB000O517, ensures that your transactions are directed to the correct branch.

How to Use IDIB000O517 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 LUDHIANA OSWAL WOLLEN MILLS 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.