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

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


IFSC Code

IBKL0617S45

MICR Code

431390302

Branch

STATE TRANSPORT BANK BEED

Contact

222701

Address

S T DIVISIONAL OFFICEGROUND FLOOR BEED431122

City

BID

District

BID

State

MAHARASHTRA





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

IBKL0617S45

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.