IFSC Code, MICR Codes for IDBI BANK in KARNATAKA - BAGALKOTE - BAGALKOT - BAGALKOT

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


IFSC Code

IBKL0001071

MICR Code

587259102

Branch

BAGALKOT

Contact

0

Address

IDBI BANK LTD LAXMI COMPLEX T P NO 82WARD NO 10NEAR VASAVI TALKIES STATION ROAD BAGALKOT - 587101

City

BAGALKOT

District

BAGALKOTE

State

KARNATAKA





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

IBKL0001071

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.