IDBI Bank BHILAI IFSC Code, MICR Code - Durg, Chhattisgarh

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

IFSC Code, MICR Code of IDBI Bank BHILAI - Durg, Chhattisgarh

IFSC Code:IBKL0000048
MICR Code:490259002
Branch Code:000048 (Last six characters of IFSC Code represent Branch code)
Address:NEW ERA,19,PRIADARSHINI PARISARNEHRU NAGAR SQUARE, DIST.DURG
Branch:BHILAI
City:BHILAI
District:Durg
State:Chhattisgarh
Contact No.:

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IDBI Bank IFSC Code is IBKL0000048, MICR Code is 490259002, Branch Code is 000048 which is last six characters of IFSC Code, Branch name is BHILAI located in NEW ERA,19,PRIADARSHINI PARISARNEHRU NAGAR SQUARE, DIST.DURG, BHILAI, Durg, Chhattisgarh, Contact no. is (No. not provided). IFSC code is used for NEFT, IMPS and RTGS Transactions.

Other IDBI Bank Branches at Durg, Chhattisgarh

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AHIWARABALODBEMETARABHILAIBHILAI CHARODADURGGONDPENDRIKAMDHENU UNIVERSITY ANJORAPOWER HOUSE BHILAI

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.