IFSC Code, MICR Codes for IDBI BANK in PUNJAB - PATIALA - RAJPURA - RAJPURA

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


IFSC Code

IBKL0000916

MICR Code

WAITING

Branch

RAJPURA

Contact

0

Address

PATIALA CHANDIGARH ROAD NEAR ITI CHOWKRAJPURA

City

RAJPURA

District

PATIALA

State

PUNJAB





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

IBKL0000916

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.