IFSC Code, MICR Codes for IDBI BANK in MAHARASHTRA - THANE - NEW MUMBAI - SANPADA

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


IFSC Code

IBKL0000306

MICR Code

400259048

Branch

SANPADA

Contact

0

Address

PLOT 1 QUEEN'S NECKLACE SHOPPING PARADISE SECTOR 18 SANPADA NAVI MUMBAI 400705

City

NEW MUMBAI

District

THANE

State

MAHARASHTRA





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

IBKL0000306

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.