IFSC Code | IBKL0116SBK |
Bank | IDBI BANK |
Address | A BY P KURUNDWAD TAL SHIROL BALCHANDRA TAKIES |
District | KURUNDWAD |
State | MAHARASHTRA |
Branch | SHRIPAL ALASE KURUNWAD URB CO BANK |
Phone Number | + 2322 244228 |
Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI).
Code has eleven characters "Alpha Numeric" in nature.
First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.
Here in this IFSC code IBKL0116SBK where bank char is IBKL and branch is 116SBK.
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.