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

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


IFSC Code

IBKL0000211

MICR Code

636259002

Branch

SALEM

Contact

0

Address

IDBI LTD.K T TOWERS111 OMALUR MAIN ROADSALEMSALEMTAMIL NADU636007

City

SALEM

District

SALEM

State

TAMIL NADU





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

IBKL0000211

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.