IFSC Code, MICR Codes for IDBI BANK in KARNATAKA - BANGALORE URBAN - BANGALORE - GANDHI NAGAR

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


IFSC Code

IBKL0000551

MICR Code

560259005

Branch

GANDHI NAGAR

Contact

0

Address

11 FIRST CROSS GANDHINAGAR P B NO.9931 BANGALORE PINCODE - 560009

City

BANGALORE

District

BANGALORE URBAN

State

KARNATAKA





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

IBKL0000551

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.