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Indusind Bank - DAON

Details about the IFSC1 INDB0000254:

Bank: Indusind Bank
Bank Branch: DAON (IN-PB)
Country: India
District/State: SAS NAGAR(MOHALI) / PUNJAB
City: RUPNAGAR
IFSC:1 INDB0000254
MICR:2 160234010




1) An IFSC code (Indian Financial System Code) is a unique 11-digit alphanumeric code used to identify bank branches participating in electronic fund transfers like NEFT, RTGS, and IMPS.

2) Magnetic ink character recognition code, known in short as MICR code, is a character recognition technology used mainly by the banking industry to streamline the processing and clearance of cheques and other documents.