IFSC Code, MICR Codes for IDBI BANK in MAHARASHTRA - BHANDARA - BHANDARA - STATE TRANSPORT BANK BHANDARA

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


IFSC Code

IBKL0617S29

MICR Code

441390102

Branch

STATE TRANSPORT BANK BHANDARA

Contact

252885

Address

VNLFFENPBN10

City

BHANDARA

District

BHANDARA

State

MAHARASHTRA





What is IFSC Code of IDBI BANK situated at STATE TRANSPORT BANK BHANDARA- RTGS-HO?
IFSC Code of IDBI BANK situated at STATE TRANSPORT BANK BHANDARA - RTGS-HO is

IBKL0617S29

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.