IFSC Code, MICR Codes for IDBI BANK in PUNJAB - RUPNAGAR - SAS NAGAR(MOHALI) - DERABASSI

IDBI BANK RTGS HO Branch in SAS NAGAR(MOHALI) - Address, IFSC, MICR Code


IFSC Code

IBKL0001234

MICR Code

160259013

Branch

DERABASSI

Contact

0

Address

IDBI BANK LTD SHIVAM COMPLEXWARD NO 2 MOHALLA SHIVPURICHANDIGARH AMBALA HIGHWAY TEHSIL DERABASSI PIN CODE 140507

City

SAS NAGAR(MOHALI)

District

RUPNAGAR

State

PUNJAB





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

IBKL0001234

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.