IFSC Code IDIB000R517 - Indian Bank-RAIKOT-Ludhiana
| Detail | Information |
|---|---|
| IFSC Code | IDIB000R517 |
| Bank Name | Indian Bank |
| Address | MALERKOTLA HIGHWAYNEAR HARI SINGH NALWA CHOWK RAIKOT RAIKOT PIN 141109 |
| District | Raikot |
| State | Punjab |
| Branch | Raikot |
| Contact | +917347035106 |
| Centre | Available |
| IMPS | Available |
| UPI | Available |
| MICR | 141019302 |
| RTGS | 1 |
| NEFT | Not Available |
| ISO3166 | IN-PB |
| Bankcode | IDIB |
Overview of IDIB000R517
The IFSC code IDIB000R517 is associated with the Ludhiana RAIKOT Branch of Indian Bank. Located in the bustling city of Ludhiana, PUNJAB, this branch is one of the many Indian Bank branches that cater to the banking needs of the local residents. The code "IDIB" in IDIB000R517 represents Indian Bank Bank, while 000R517 signifies the unique branch code for RAIKOT.
Significance of IFSC Code for Banking Transactions
The importance of the IFSC code, like IDIB000R517, for the RAIKOT Branch, cannot be overstated. It acts as an address that identifies both the Indian Bank and its specific branch in Ludhiana. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.
Deep Dive into IDIB000R517
The IFSC code IDIB000R517 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with Indian Bank in Ludhiana. Let's break down the details:
- IFSC Code (IDIB000R517): This unique code is essential for electronic fund transfers. The first four characters "IDIB" represent the bank's name, Indian Bank. The last six characters "000R517" are a unique identifier for the RAIKOT branch.
- Bank Name (Indian Bank): One of [country]'s leading banks, Indian Bank offers a wide range of banking products and financial services to its vast customer base.
- Address (MALERKOTLA HIGHWAYNEAR HARI SINGH NALWA CHOWK RAIKOT RAIKOT PIN 141109): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
- City & State (Ludhiana, PUNJAB): The branch is situated in the heart of Ludhiana, the capital city of PUNJAB. A city known for its [CITY_FEATURES].
- Branch (RAIKOT): The [AREA_NAME] area in Ludhiana is a hub of activity, and the Indian Bank branch here caters to both individual and business banking needs.
- Phone Number (+917347035106): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.