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

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


IFSC Code

IBKL0001724

MICR Code

560259031

Branch

PEENYA

Contact

9980785695

Address

SIR M V COMPLEXPLOT NO.25B&C4TH CROSS3RD MAIN2ND PHASEPEENYABANGALORE -560058

City

PEENYA

District

BANGALORE URBAN

State

KARNATAKA





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

IBKL0001724

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.