IFSC Code, MICR Codes for IDBI BANK in KARNATAKA - BAGALKOTE - HUNGUND - SHRI VIJAY MAHANTESH CO OPERATIVE BANK LTD HUNGUND

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


IFSC Code

IBKL01071VM

MICR Code

587866501

Branch

SHRI VIJAY MAHANTESH CO OPERATIVE BANK LTD HUNGUND

Contact

9342019977

Address

KRDRIRDHDK-57.

City

HUNGUND

District

BAGALKOTE

State

KARNATAKA





What is IFSC Code of IDBI BANK situated at SHRI VIJAY MAHANTESH CO OPERATIVE BANK LTD HUNGUND- RTGS-HO?
IFSC Code of IDBI BANK situated at SHRI VIJAY MAHANTESH CO OPERATIVE BANK LTD HUNGUND - RTGS-HO is

IBKL01071VM

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.