IFSC Code, MICR Codes for IDBI BANK in TAMIL NADU - CHENNAI - CHENNAI - RPU CHENNAI

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


IFSC Code

IBKL0000993

MICR Code

600259000

Branch

RPU CHENNAI

Contact

0

Address

MURUGESA NAIKER COMPLEX 3RD FLR 68 GREAMS ROAD CHENNAI 600006

City

CHENNAI

District

CHENNAI

State

TAMIL NADU





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

IBKL0000993

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.