IFSC Code, MICR Codes for IDBI BANK in TAMIL NADU - MADURAI - MADURAI - BYE PASS ROAD

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


IFSC Code

IBKL0000890

MICR Code

625259004

Branch

BYE PASS ROAD

Contact

0

Address

NO.27/12A ATP TOWERS BYE PASS ROAD MADURAI -625 010.

City

MADURAI

District

MADURAI

State

TAMIL NADU





What is IFSC Code of IDBI BANK situated at BYE PASS ROAD- RTGS-HO?
IFSC Code of IDBI BANK situated at BYE PASS ROAD - RTGS-HO is

IBKL0000890

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.