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

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


IFSC Code

IBKL0617S05

MICR Code

413390101

Branch

STATE TRANSPORT BANK BARAMATI

Contact

222248

Address

S ST BUS STANDINDRAPUR ROADBARAMATI413102

City

BARAMATI

District

PUNE

State

MAHARASHTRA





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

IBKL0617S05

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.