IFSC Code, MICR Codes for IDBI BANK in MAHARASHTRA - SATARA - MEDHA - MEDHA

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


IFSC Code

IBKL0001450

MICR Code

WAITING

Branch

MEDHA

Contact

9552543673

Address

KADAM BUILDING NEAR POLICE STATION MEDHA PO AND TAL SATARA PIN 415012

City

MEDHA

District

SATARA

State

MAHARASHTRA





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

IBKL0001450

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.