IFSC Code, MICR Codes for IDBI BANK in ANDHRA PRADESH - KRISHNA - MACHILIPATNAM - LIC EMPLOYEES CO OPERATIVE BANK LIMITED MACHILIPATNAM

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


IFSC Code

IBKL0871LEC

MICR Code

500259251

Branch

LIC EMPLOYEES CO OPERATIVE BANK LIMITED MACHILIPATNAM

Contact

0

Address

LIC COMPOUND LIC BUILDING BATCHUPETA MACHILIPATNAM - 521001

City

MACHILIPATNAM

District

KRISHNA

State

ANDHRA PRADESH





What is IFSC Code of IDBI BANK situated at LIC EMPLOYEES CO OPERATIVE BANK LIMITED MACHILIPATNAM- RTGS-HO?
IFSC Code of IDBI BANK situated at LIC EMPLOYEES CO OPERATIVE BANK LIMITED MACHILIPATNAM - RTGS-HO is

IBKL0871LEC

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.