IFSC Code, MICR Codes for IDBI BANK in MAHARASHTRA - KOLHAPUR - RENDAL - RENDAL SAHAKARI BANK LTD RENDAL

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


IFSC Code

IBKL0116RSB

MICR Code

WAITING

Branch

RENDAL SAHAKARI BANK LTD RENDAL

Contact

0

Address

VITAL MANDIR 1ST FLOOR MAIN ROAD RENDAL

City

RENDAL

District

KOLHAPUR

State

MAHARASHTRA





What is IFSC Code of IDBI BANK situated at RENDAL SAHAKARI BANK LTD RENDAL- RTGS-HO?
IFSC Code of IDBI BANK situated at RENDAL SAHAKARI BANK LTD RENDAL - RTGS-HO is

IBKL0116RSB

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.