Indian Bank IFSC Code Phase V Branch, MICR code, Address

Get IFSC Code and MICR code of Indian Bank, Phase v, Punjab branch in SAS NAGAR MOHALI city along with the address.

IFSC Code of Indian Bank PHASE V, MICR Code of Indian Bank PHASE V

Last Updated 08th Dec 2016
Bank Indian Bank
IFSC Code IDIB000P204 (for money transfer by NEFT, RTGS and IMPS)
MICR Code 160019017
Address SCF, 63 PHASE V MOHALI S A S NAGAR, PUNJAB-160059
Branch PHASE V
City SAS NAGAR MOHALI
District Mohali SAS Nagar
State Punjab
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Indian Bank Interest Rates in PHASE V, SAS NAGAR MOHALI

Interest Rates* Tenure, Processing Fee
Indian Bank MCLR Base Rate 9.65% Past Trend
Indian Bank Home Loan 9.65% - 9.90% Floating Get Details
Indian Bank Loan Against Property 13.80% - 13.80% Floating Get Details
Indian Bank FD Interest Rate 4.00% - 6.50% Get Details
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Home Loan options starting @ 9.10%
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Home Loan options starting @ EMI of Rs. 812/Lakh
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RS. 5,000
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Commercial Property Loan options starting @ 11.00%
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Commercial Property Loan options starting @ EMI of Rs. 952/Lakh
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RS. 5,000
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Loan Against Property options starting @ 10.25%
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Loan Against Property options starting @ EMI of Rs. 1,016/Lakh
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RS. 5,000
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Business Loan options starting @ 13.50%
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Business Loan options starting @ EMI of Rs. 2,301/Lakh
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RS. 2,500
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Personal Loan options starting @ 11.49%
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Personal Loan options starting @ EMI of Rs. 2,199/Lakh
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RS. 2,500
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Top up Loan options starting @ EMI of Rs. 0/Lakh
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RS. 200
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Education Loan options starting @ %
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Education Loan options starting @ EMI of Rs. 0/Lakh
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RS. 200
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Gold Loan options starting @ 11.50%
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Gold Loan options starting @ EMI of Rs. 8,862/Lakh
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RS. 1,000
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Car Loan options starting @ %
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Car Loan options starting @ EMI of Rs. 0/Lakh
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RS. 500
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News - Dec 2016
16th Sep 16 Indian Bank organises loan mela, sets a target of Rs. 60 crore
Indian Bank will organise a mega loan mela at its regional office located near Arivoli Park and at five other places of the district on 17 and 18 Sept, 2016. The purpose of these camps is to disburse loans to the tune of Rs. 60 crore. The bank will give housing loan, MSME loans, vehicle loan for business projects, Pradhan Mantri Mudra Loans and loans for green field enterprise under Stand Up India scheme to SC/ST applicants.
02nd Aug 16 Indian Bank Q1 net profit zooms 43 per cent to Rs 307 crore
Indian Bank reported a 42.77 per cent increase in net profit at Rs 307.36 crore for the first quarter ended June 30 after the rise in net interest income and fall in expenses. Total income for the bank also rose to Rs 4,512.96 crore during the June quarter from Rs 4,494.53 crore in the same period during previous fiscal year. The Net NPA of the bank rose to 4.48 per cent at the end of June 2016. The bank reported higher provisioning at Rs 416 crore in the first quarter of current fiscal FY17.
02nd Aug 16 Indian Bank Q1 profit rose by 43 percent despite high tax cost
As per the results for Q1FY17, Indian Bank reported 42.8 percent increase in its Net Profit to Rs 307.4 crore. The increase on Net Profit was largely attributable to an increase in Other Income, Operating Profit and stable provisions. The growth in Net Profit was achieved despite higher tax cost. The Net Interest Income was reported at Rs 1,236.32 crore, an increase of 10.4 percent on a yoy basis. Similarly, Other Income (Non Interest Income) was reported at Rs 441.7 cror ean increase of 17.6 percent on a yoy basis.. Asset quality showed mild signs of weakening as Gross NPAs as a percentage of Gross Advances increased by 31 basis points to 6.97 percent and Net NPAs a s a % of Net Advances increased by 28 basis points to 4.48 percent when compared on a sequential basis.
13th May 16 Indian Bank Revises Interest Rates On Home, Car Loans
Indian Bank has reduced the interest rates on home and vehicle loans by up to 0.20 per cent with immediate effect. As per the revised rate of interest, home loans for up to Rs 75 lakh, the interest rates has been revised from 9.65 per cent to 9.55 per cent while for loans above Rs 75 lakh it has been reduced to 9.75 per cent from 9.90 per cent. For loans towards purchase of new cars, the interest rates were cut to 9.95 per cent from 10.15 per cent.
09th May 16 Indian Bank revises interest rates on term deposits
Indian Bank has revised interest rates on term deposits with immediate effect. The bank announced an upward revision of interest rate on term deposits for one year by 15 basis points. It also reduced interest rates for a few other tenures by 25-50 basis points with immediate effect.
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