IFSC Code, MICR Codes for IDBI BANK in MAHARASHTRA - NANDED - NANDED - THE NANDED MERCHANT CO OP BANK LTD

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


IFSC Code

IBKL0500NMC

MICR Code

NA

Branch

THE NANDED MERCHANT CO OP BANK LTD

Contact

283434

Address

THE NANDED MERCHANT CO OP BANK LTDHEAD OFFICEMAHATMA GANDHI ROADNANDED 431604

City

NANDED

District

NANDED

State

MAHARASHTRA





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

IBKL0500NMC

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.