IDBI Bank NAGARNAR IFSC Code, MICR Code - Bastar, Chhattisgarh

IDBI Bank NAGARNAR Branch IFSC Code, MICR Code (Bastar, Chhattisgarh). IFSC code is used for NEFT, IMPS and RTGS Transactions.

IFSC Code, MICR Code of IDBI Bank NAGARNAR - Bastar, Chhattisgarh

IFSC Code:IBKL0001185
MICR Code:494259501
Branch Code:001185 (Last six characters of IFSC Code represent Branch code)
Address:NAGARNAR,CHHATTISGARH,MAIN ROAD , NAGARNAR,NEAR NMDC ROAD,NAGAR,DIST-JAGDALPUR,NAGARNAR,PIN-494341
Branch:NAGARNAR
City:NAGANAR
District:Bastar
State:Chhattisgarh
Contact No.:

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IDBI Bank IFSC Code is IBKL0001185, MICR Code is 494259501, Branch Code is 001185 which is last six characters of IFSC Code, Branch name is NAGARNAR located in NAGARNAR,CHHATTISGARH,MAIN ROAD , NAGARNAR,NEAR NMDC ROAD,NAGAR,DIST-JAGDALPUR,NAGARNAR,PIN-494341, NAGANAR, Bastar, Chhattisgarh, Contact no. is (No. not provided). IFSC code is used for NEFT, IMPS and RTGS Transactions.

Other IDBI Bank Branches at Bastar, Chhattisgarh

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What is IFSC Code?

IFSC code is an alphanumeric code stands for Indian Financial System Code, which is uniquely assigned to each bank branch for the main three payment and settlement systems in India:

  1. National Electronic Funds Transfer (NEFT)
  2. Real Time Gross Settlement (RTGS)
  3. Immediate Payment Service (IMPS)

IFSC code is represented by 11 digit character, the first 4 characters of the IFSC code represent the name of the bank, the fifth character is 0 reserved for future use, the last 6 numbers represent the branch code of the bank. The very common use of the IFSC Code is to transfer fund using Internet Banking.


What is MICR Code?

MICR code is short for Magnetic Ink Character Recognition Code is a 9-digit code that identifies the city, bank, and branch, which is found at the bottom of the cheque. With a special machine, MICR codes help faster processing of cheques. MICR code is consists of 3 parts:

  1. The first 3 digits represent the city code, this code is aligned with the PIN code we use for a postal address in India.
  2. The next 3 digits represent the bank code.
  3. The last 3 digits represent the branch code.