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

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


IFSC Code

IBKL0001562

MICR Code

465259101

Branch

SHAJAPUR

Contact

9827211003

Address

IDBI BANK SHOP NO 1 CHOUDHARY TOWER A.B.ROAD IN FRONT OF WATER WORKS SHAJAPUR

City

SHAJAPUR

District

SHAJAPUR

State

MADHYA PRADESH





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

IBKL0001562

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.