IDBI Bank PADRAYAT IFSC Code, MICR Code, Contact No. - Vidisha, Madhya Pradesh

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

IFSC Code, MICR Code, Contact No. of IDBI Bank PADRAYAT - Vidisha, Madhya Pradesh

IFSC Code:IBKL0001407
MICR Code:464259502
Branch Code:001407 (Last six characters of IFSC Code represent Branch code)
Address:VILLAGE PADRAYAT,POST MIRZAPUR
Branch:PADRAYAT
City:VIDISHA
District:Vidisha
State:Madhya Pradesh
Contact No.:9893159565

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IDBI Bank IFSC Code is IBKL0001407, MICR Code is 464259502, Branch Code is 001407 which is last six characters of IFSC Code, Branch name is PADRAYAT located in VILLAGE PADRAYAT,POST MIRZAPUR, VIDISHA, Vidisha, Madhya Pradesh, Contact no. is 9893159565. IFSC code is used for NEFT, IMPS and RTGS Transactions.

Other IDBI Bank Branches at Vidisha, 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.