IFSC Code, MICR Codes for IDBI BANK in CHHATTISGARH - RAIPUR - RAIPUR - ARANG

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


IFSC Code

IBKL0001703

MICR Code

492259501

Branch

ARANG

Contact

7415033004

Address

OPP. OLD MANDI MAIN ROAD ARANG PIN 493441

City

RAIPUR

District

RAIPUR

State

CHHATTISGARH





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

IBKL0001703

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.