IFSC Code, MICR Codes for IDBI BANK in ODISHA - KENDRAPARA - BALIA - BALIA

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


IFSC Code

IBKL0000688

MICR Code

400259083

Branch

BALIA

Contact

0

Address

IDBI BANK LTDSARASWAT MARKET COMPLEXBALIAAT/PO-BHAGABATPURKENDRAPARA-754208ORISSA

City

BALIA

District

KENDRAPARA

State

ODISHA





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

IBKL0000688

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.