IDBI Bank SAKCHI IFSC Code, MICR Code - East Singhbhum, Jharkhand

IDBI Bank SAKCHI Branch IFSC Code, MICR Code (East Singhbhum, Jharkhand). IFSC code is used for NEFT, IMPS and RTGS Transactions.

IFSC Code, MICR Code of IDBI Bank SAKCHI - East Singhbhum, Jharkhand

IFSC Code:IBKL0000883
MICR Code:831259005
Branch Code:000883 (Last six characters of IFSC Code represent Branch code)
Address:AKASH, 89/A,WATER WORK'S ROAD, SAKCHI JAMSHEDKAR -831001
Branch:SAKCHI
City:JAMSHEDPUR
District:East Singhbhum
State:Jharkhand
Contact No.:

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IDBI Bank IFSC Code is IBKL0000883, MICR Code is 831259005, Branch Code is 000883 which is last six characters of IFSC Code, Branch name is SAKCHI located in AKASH, 89/A,WATER WORK'S ROAD, SAKCHI JAMSHEDKAR -831001, JAMSHEDPUR, East Singhbhum, Jharkhand, Contact no. is (No. not provided). IFSC code is used for NEFT, IMPS and RTGS Transactions.

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.