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Indian Bank · Ludhiana

IDIB000M508: Indian Bank, Machhiwara

IFSC code IDIB000M508 belongs to the Machhiwara branch of Indian Bank in Ludhiana, Punjab. Its MICR code is 141019352.

IFSC
IDIB000M508
MICR
141019352
Bank
Indian Bank
Branch
Machhiwara
District
Ludhiana
State
Punjab
Phone
+917347035107

Branch address

Indian Bank
Laxmimarket Samrala Road Opp Har Milap Filling Station Machhiwara Samarla Machhiwara PIN 141115

Open in a map · Pincode 141115: post offices and area

Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

IDIB is Indian Bank's bank code, the fifth character 0 is kept for future use, and 00M508 is the code of the Machhiwara branch. In the MICR code 141019352, 141 is the city, 019 the bank and 352 the branch.

Other Indian Bank branches in Ludhiana

All 37 Indian Bank branches in Ludhiana

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of Indian Bank's Machhiwara branch (Ludhiana, Punjab) is IDIB000M508.

  2. 141019352. MICR is printed at the bottom of the branch's cheques.

  3. Laxmimarket Samrala Road Opp Har Milap Filling Station Machhiwara Samarla Machhiwara PIN 141115

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IDIB000M508 with the beneficiary's account number.

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