IFSC Code, MICR Codes for IDBI BANK in ANDHRA PRADESH - HYDERABAD - HYDERABAD - RETAIL ASSET HYDERABAD

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


IFSC Code

IBKL0000811

MICR Code

WAITING

Branch

RETAIL ASSET HYDERABAD

Contact

0

Address

D NO. 5-9-89/1 & 2 CHAPEL ROAD PB NO.370 HYDERABAD 500001

City

HYDERABAD

District

HYDERABAD

State

ANDHRA PRADESH





What is IFSC Code of IDBI BANK situated at RETAIL ASSET HYDERABAD- RTGS-HO?
IFSC Code of IDBI BANK situated at RETAIL ASSET HYDERABAD - RTGS-HO is

IBKL0000811

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.