IFSC Code, MICR Codes for IDBI BANK in ANDHRA PRADESH - CHITTOOR - MADANAPALLE - MADANAPALLE

IDBI BANK RTGS HO Branch in MADANAPALLE - Address, IFSC, MICR Code


IFSC Code

IBKL0001674

MICR Code

517259202

Branch

MADANAPALLE

Contact

9885343624

Address

CTM ROADMADANAPALLECHITTOOR DISTANDHRA PRADESHPIN 517325

City

MADANAPALLE

District

CHITTOOR

State

ANDHRA PRADESH





What is IFSC Code of IDBI BANK situated at MADANAPALLE- RTGS-HO?
IFSC Code of IDBI BANK situated at MADANAPALLE - RTGS-HO is

IBKL0001674

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.