IFSC Code, MICR Codes for IDBI BANK in MAHARASHTRA - RAIGAD - ALIBAG - VAVE

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


IFSC Code

IBKL0001712

MICR Code

402259509

Branch

VAVE

Contact

9029076633

Address

GROUND FLOORH NO 704AT VAVE POSTMALYAN TALUKAALIBAG DISTRICT PIN 402 201

City

ALIBAG

District

RAIGAD

State

MAHARASHTRA





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

IBKL0001712

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.