IDIB000S217 IFSC Code, INDIAN BANK, SECTOR TWENTY CHANDIGARH

IFSC Code of Indian Bank, Sector Twenty Chandigarh, Chandigarh IFSC CODE & MICR CODE

INDIAN BANK, SECTOR TWENTY CHANDIGARH - IDIB000S217

  • Bank name: INDIAN BANK

Bank Address: Scf 18 Sector 20d Chandigarh Chandigarh Pin 160020

  • IFSC Code idib000s217
  • Bank Code IDIB
  • Bank name INDIAN BANK
  • Bank contact number +911725055966
  • Bank branch SECTOR TWENTY CHANDIGARH
  • Bank ISO3166 Code IN-CH
  • Bank Center CHANDIGARH
  • MICR Code 160019020
  • State name CHANDIGARH
  • District name CHANDIGARH
  • City name CHANDIGARH
  • 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, SECTOR TWENTY CHANDIGARH branch is IDIB000S217, ensures that your transactions are directed to the correct branch.

How to Use IDIB000S217 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 SECTOR TWENTY CHANDIGARH 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.