IFSC Code, MICR Codes for IDBI BANK in MAHARASHTRA - AKOLA - AKOLA - THE YAVATMAL URBAN CO OP BANK LTD

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


IFSC Code

IBKL0041Y24

MICR Code

444810202

Branch

THE YAVATMAL URBAN CO OP BANK LTD

Contact

2426278

Address

AALSHI SANKULOPP OPEN THEATERAKOLA

City

AKOLA

District

AKOLA

State

MAHARASHTRA





What is IFSC Code of IDBI BANK situated at THE YAVATMAL URBAN CO OP BANK LTD- RTGS-HO?
IFSC Code of IDBI BANK situated at THE YAVATMAL URBAN CO OP BANK LTD - RTGS-HO is

IBKL0041Y24

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.