It is very important to find correct branch before initiating any bank process. Though all banks will have a mechnism to verify the Raikot Branch, Account Type, IFSC Code, MICR Code, and Account Name, etc. and any mismatch will result in failed transaction!
The best and simplest place to verify Raikot branch is the cheque book. All banks will print the Raikot on the cheque books. Also, your account pass book should have the Raikot branch printed.
The address of Raikot branch is Near hari singh nalwa chowk raikot, which is located in Ludhiana District of Punjab State. IFSC code used in online fund transfer and MICR code used in clearing of cheques for IDBI Raikot is also provided.
Raikot has number of branches spread across India. Branch banking has undergone significant changes in response to the competition in financial services market and the ever increasing consumer demands. This leads to a single consumer bearing more than one account in different banks and due to internet banking, as in case of IDBI Raikot branch, fund transfer between these banks is also possible.
*The Bank Branch information information presented above is for reference only. Please verify Bank Branch details before initiating any transfer or operation!