IFSC Code, MICR Codes for IDBI BANK in MADHYA PRADESH - RAISEN - MANDIDEEP - MANDIDEEP

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


IFSC Code

IBKL0001757

MICR Code

462259008

Branch

MANDIDEEP

Contact

9993432403

Address

CHUGTAI COMPLEXWARD NO.2MAIN ROADNH 12NEAR AXIS BANK462046

City

MANDIDEEP

District

RAISEN

State

MADHYA PRADESH





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

IBKL0001757

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.