IFSC Code, MICR Codes for IDBI BANK in MAHARASHTRA - KOLHAPUR - MALKAPUR - MALKAPUR

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


IFSC Code

IBKL0001824

MICR Code

416259508

Branch

MALKAPUR

Contact

225161

Address

AT POST-MALKAPURPERID ROADTEHSIL-SHAHUWADI

City

MALKAPUR

District

KOLHAPUR

State

MAHARASHTRA





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

IBKL0001824

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.