What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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Indian Bank Nabha Patiala Branch IFSC/MICR Code Details
Bank Name INDIAN BANK
Address CINEMA ROAD NABHA 147210
State PUNJAB
District PATIALA
Branch NABHA
IFSC Code IDIB000N039
Branch Code 00N039 (Last six characters of IFSC code represent Branch code.)
MICR Code 147019007
Contact Phone 0
via https://bankingzone.in/ifsc

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