Indian Bank, GANDUAN, SANGRUR Branch IFSC Code

The IFSC code IDIB000G524 is assigned to Indian Bank, GANDUAN located in SANGRUR, PUNJAB. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

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Bank Details

Bank Name Indian Bank
IFSC Code IDIB000G524
MICR Code 148019253
Branch Code 00G524
Branch GANDUAN
City SANGRUR
District GANDHUAN
State PUNJAB
Address MAIN ROAD OPPOSITE SOCIETY OFFICE GANDHUAN GANDHUAN PIN 148030 Maps
Contact +917347002538

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

IDIB Bank Code
0 Reserved (0)
00G524 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

148 City Code
019 Bank Code
253 Branch Code

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code IDIB000G524 is the Indian Financial System Code assigned to Indian Bank, GANDUAN branch in SANGRUR, PUNJAB. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in SANGRUR, GANDHUAN, PUNJAB. The full address is: MAIN ROAD OPPOSITE SOCIETY OFFICE GANDHUAN GANDHUAN PIN 148030

The branch code is 00G524. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of Indian Bank.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is 148019253. MICR code is a 9-digit code used for processing cheques and is printed on cheque leaves.

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: IDIB000G524
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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