IFSC Code, MICR Codes for IDBI BANK in TAMIL NADU - ERODE - SIVANMALAI - SIVANMALAI

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


IFSC Code

IBKL0001056

MICR Code

WAITING

Branch

SIVANMALAI

Contact

0

Address

KULANTHAI COMPLEX DOOR NO: 118 NEELAKATTU PUDUR SIVANMALAI VILLAGE KANGAYEM TALUK PIN - 638701

City

SIVANMALAI

District

ERODE

State

TAMIL NADU





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

IBKL0001056

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.