IFSC Code, MICR Codes for IDBI BANK in MADHYA PRADESH - NARSIMHAPUR - NARSIMHAPUR - NARSINGHPUR

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


IFSC Code

IBKL0001558

MICR Code

487259001

Branch

NARSINGHPUR

Contact

7792236075

Address

HUE17GUWGJGHPUP

City

NARSIMHAPUR

District

NARSIMHAPUR

State

MADHYA PRADESH





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

IBKL0001558

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.