IDBI Bank KATNI IFSC Code, MICR Code - Katni, Madhya Pradesh

IDBI Bank KATNI Branch IFSC Code, MICR Code (Katni, Madhya Pradesh). IFSC code is used for NEFT, IMPS and RTGS Transactions.

IFSC Code, MICR Code of IDBI Bank KATNI - Katni, Madhya Pradesh

IFSC Code:IBKL0000225
MICR Code:483259001
Branch Code:000225 (Last six characters of IFSC Code represent Branch code)
Address:SARAGOI MANSIONHANUMAN GANJRAMLEELA GROUND,GHANTA GHARKATNI483501
Branch:KATNI
City:KATNI
District:Katni
State:Madhya Pradesh
Contact No.:

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IDBI Bank IFSC Code is IBKL0000225, MICR Code is 483259001, Branch Code is 000225 which is last six characters of IFSC Code, Branch name is KATNI located in SARAGOI MANSIONHANUMAN GANJRAMLEELA GROUND,GHANTA GHARKATNI483501, KATNI, Katni, Madhya Pradesh, Contact no. is (No. not provided). IFSC code is used for NEFT, IMPS and RTGS Transactions.

Other IDBI Bank Branches at Katni, Madhya Pradesh

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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.