IDFC First Bank Limited BALOD BRANCH IFSC Code, MICR Code - Balod, Chhattisgarh

IDFC First Bank Limited BALOD BRANCH Branch IFSC Code, MICR Code (Balod, Chhattisgarh). IFSC code is used for NEFT, IMPS and RTGS Transactions.

IFSC Code, MICR Code of IDFC First Bank Limited BALOD BRANCH - Balod, Chhattisgarh

IFSC Code:IDFB0060821
MICR Code:491751502
Branch Code:060821 (Last six characters of IFSC Code represent Branch code)
Address:ýGROUND FLOOR, KHASRA NO. 760/12, 760/33, PH NO-06, WARD NO-17, BALOD-491226, TOLL FREE NO-1800419332
Branch:BALOD BRANCH
City:BALOD
District:Balod
State:Chhattisgarh
Contact No.:

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IDFC First Bank Limited IFSC Code is IDFB0060821, MICR Code is 491751502, Branch Code is 060821 which is last six characters of IFSC Code, Branch name is BALOD BRANCH located in ýGROUND FLOOR, KHASRA NO. 760/12, 760/33, PH NO-06, WARD NO-17, BALOD-491226, TOLL FREE NO-1800419332, BALOD, Balod, Chhattisgarh, 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.