IFSC Code, MICR Codes for IDBI BANK in KARNATAKA - BAGALKOTE - BILGI - BILAGI PATTANA SAHAKARI BANK

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


IFSC Code

IBKL01071BP

MICR Code

587871501

Branch

BILAGI PATTANA SAHAKARI BANK

Contact

2764789945

Address

NIYAMITNEAR BUS STAND BAGALKOTE 587116KARNATAKA

City

BILGI

District

BAGALKOTE

State

KARNATAKA





What is IFSC Code of IDBI BANK situated at BILAGI PATTANA SAHAKARI BANK- RTGS-HO?
IFSC Code of IDBI BANK situated at BILAGI PATTANA SAHAKARI BANK - RTGS-HO is

IBKL01071BP

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.