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Indian Bank IFSC Code IDIB000L530

HomeIFSC CodesIndian BankIDIB000L530

Indian Bank – LALRU

IFSC Code: IDIB000L530

MICR Code: 160019045

Branch: LALRU

Bank: Indian Bank

Address: LALRU PREM NAGAR NEAR GULMOHAR PLAZA CHANDIGARH A PREM NAGAR

District: LALRU

State: PUNJAB

Contact:

Indian Financial System Code (IFSC): IDIB000L530

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

  • The first four characters represent the bank name.
  • The fifth character is always ‘0’ and is reserved for future use.
  • Branch Code 00L530. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 160019045

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.

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