Indian Bank has 10 branches in Ludhiana like Tagore Nagar , Samrala , Model Town , . Please select a branch from the list below to get the location, contact details, IFSC code, MICR code.
| Branch Name | Branch Address | IFSC Code | MICR Code | Bank | City | District | State |
|---|---|---|---|---|---|---|---|
| Tagore Nagar | 1105 Kiran Villa Tagore Nagar-B Civil Lines,Ludhiana Punjab Pin-141001 |
IDIB000T151 | 141019009 | Indian Bank | Tagore Nagar | Ludhiana | Punjab |
| Samrala | Opp. M G Complex Khanna Road Samrala 141114 | IDIB000S199 | 141019252 | Indian Bank | Samrala | Ludhiana | Punjab |
| Model Town | Guru Nanak Khalsa Collete- For Women Gujarkhan Complex Model Town Ludhiana 141002 |
IDIB000M149 | 141019005 | Indian Bank | Ludhiana | Ludhiana | Punjab |
| Ludhiana | Clock Tower Chowk, Ludhiana 141008, Punjab | IDIB000L003 | 141019098 | Indian Bank | Ludhiana | Ludhiana | Punjab |
| Khanna | G T Road (Near Old Bus Stand), Khanna, Ludhiana District, Pin 141401 |
IDIB000K035 | 141019008 | Indian Bank | Khanna | Ludhiana | Punjab |
| Kalsi Nagar | 1601 Kalsi Nagar Main G T Road Dholewal Ludhiana 141003 | IDIB000S141 | 141019006 | Indian Bank | Ludhiana | Ludhiana | Punjab |
| Jagraon | Raikot Road, Jhansi Rani Chowk, Jagraon, Ludhiana Dist 142026 |
IDIB000J002 | 142019001 | Indian Bank | Jagraon | Ludhiana | Punjab |
| Dugri | Dugri P.O. Model Town Ludhiana Punjab 141002 | IDIB000D029 | 141019003 | Indian Bank | Ludhiana | Ludhiana | Punjab |
| Doraha | Ajaib Singh Complex Opposite Fly Over, G.T.Road Doraha 141421 |
IDIB000D069 | 141019008 | Indian Bank | Doraha | Ludhiana | Punjab |
| Bhoura | B - 32/54 Thapar Nagar G T Road By Pass Bhoura Ludhiana Dist. Punjab 141005 |
IDIB000B055 | 141019007 | Indian Bank | Ludhiana | Ludhiana | Punjab |
Full form of IFSC code is Indian Financial System Code.
When you want to make a payment to an account you would need to mention an IFSC code along with the account number. IFSC code is used to identify a branch of a bank. An account number along with an IFSC code is used uniquely identify an account. This combination can be then used to make online fund transfer through NEFT or RTGS.
On the other hand, NEFT transactions generally take upto 2 hours to settle.
MICR stands for Magnetic Ink Character Recognition. It appears on your cheque just after your cheque number. It is used to identify a particular branch of a bank in a city. It is a nine digit number of which first 3 digits stand for city, next 3 for bank and last 3 for branch.
The MICR code is used for clearing the cheques. A machine can read MICR code and quickly identify the exact branch where the account of the cheque issuers is held.
National Electronic Funds Transfer is used for transferring the funds online. The system is available from 8 in the morning till 7 in the evening and 1 in the afternoon. Any NEFT requests not cleared on a day are rolled over to the next day and cleared on next working day. If you want to transfer funds instantly use RTGS or IMPS instead. You can also use online wallets.