IFSC Code, MICR Codes for IDBI BANK in UTTAR PRADESH - INDORE - INDORE - SUDAMA NAGAR

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


IFSC Code

IBKL0001040

MICR Code

452259010

Branch

SUDAMA NAGAR

Contact

0

Address

475 SUDAMA NAGAR NEAR SETHI GATE

City

INDORE

District

INDORE

State

UTTAR PRADESH





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

IBKL0001040

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.