IFSC Code, MICR Codes for IDBI BANK in ANDHRA PRADESH - HYDERABAD - HYDERABAD - LB NAGAR BRANCH

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


IFSC Code

IBKL0001057

MICR Code

500259014

Branch

LB NAGAR BRANCH

Contact

0

Address

ANDHRAPRADESH PLOT NO 15 & 28 SRINIVASA CHAMBERS MANSOORABAD LB NAGAR RING ROADRANGAREDDY DISTHYDERABADAP-500074

City

HYDERABAD

District

HYDERABAD

State

ANDHRA PRADESH





What is IFSC Code of IDBI BANK situated at LB NAGAR BRANCH- RTGS-HO?
IFSC Code of IDBI BANK situated at LB NAGAR BRANCH - RTGS-HO is

IBKL0001057

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.