IDBI Bank MUNGELI IFSC Code, MICR Code - Bilaspur, Chhattisgarh

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

IFSC Code, MICR Code of IDBI Bank MUNGELI - Bilaspur, Chhattisgarh

IFSC Code:IBKL0001222
MICR Code:495259502
Branch Code:001222 (Last six characters of IFSC Code represent Branch code)
Address:GHOSLE HOUSE,NEAR JOHN HOSPITAL,COLLECTORATE ROAD,MUNGELI,DIST.MUNGELI,495334
Branch:MUNGELI
City:MUNGELI
District:Bilaspur
State:Chhattisgarh
Contact No.:

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IDBI Bank IFSC Code is IBKL0001222, MICR Code is 495259502, Branch Code is 001222 which is last six characters of IFSC Code, Branch name is MUNGELI located in GHOSLE HOUSE,NEAR JOHN HOSPITAL,COLLECTORATE ROAD,MUNGELI,DIST.MUNGELI,495334, MUNGELI, Bilaspur, Chhattisgarh, Contact no. is (No. not provided). IFSC code is used for NEFT, IMPS and RTGS Transactions.

Other IDBI Bank Branches at Bilaspur, 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.