IDBI Bank BALODA BRANCH IFSC Code, MICR Code - Raipur, Chhattisgarh

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

IFSC Code, MICR Code of IDBI Bank BALODA BRANCH - Raipur, Chhattisgarh

IFSC Code:IBKL0001214
MICR Code:493259151
Branch Code:001214 (Last six characters of IFSC Code represent Branch code)
Address:NEAR SDM OFFICE , BESIDE PNB,MAIN ROAD,BALODA BAZAAR.PIN-493332(CG)
Branch:BALODA BRANCH
City:BALODA BAZAR
District:Raipur
State:Chhattisgarh
Contact No.:

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IDBI Bank IFSC Code is IBKL0001214, MICR Code is 493259151, Branch Code is 001214 which is last six characters of IFSC Code, Branch name is BALODA BRANCH located in NEAR SDM OFFICE , BESIDE PNB,MAIN ROAD,BALODA BAZAAR.PIN-493332(CG), BALODA BAZAR, Raipur, Chhattisgarh, Contact no. is (No. not provided). IFSC code is used for NEFT, IMPS and RTGS Transactions.

Other IDBI Bank Branches at Raipur, Chhattisgarh

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ACHOLIADSENAAMLIDIHARANGBALODA BRANCHBHATAPARACHARODACURRENCY CHEST, RAIPURFAFADIHGARIYABANDHKONDAGAONMANTRALAYAMOWAPACHPEDHI NAKARAIKHEDARAIPURRAIPUR (CORPORATE BANKING BRANCH)RAIPUR EXTN COUNTERRAJIMRETAIL ASSET RAIPURSAMTA COLONYSEJBAHAR IIM RAIPURSILYARI KURUDSUNDER NAGARTATIBANDHUPPARWARAURLAV.I.P. ROAD BRANCH

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.