Latest details of Ifsc: Ibkl0001124

IDBI BANK

Branch name : NAYASARK

Contact Information

Address: SHANKAR HOUSE,NAYASARAK,CUTTACK 753002,ORISSA

Contact number: 9437025195

Bank Details

IFSC Code: IBKL0001124

City: CUTTACK

District: CUTTACK

State: ODISHA

IFSC code can be used for RTGS, IMPS and NEFT transactions

Last six characters of IFSC Code make a Branch code.

IFSC Code

Indian Financial System Code (IFSC) is an 11-character code used for electronic payments through RTGS, NEFT, and IMPS. The code structure:

  • • First 4 characters: Bank identifier
  • • 5th character: Reserved (0)
  • • Last 6 characters: Branch code

MICR Code

MICR (Magnetic Ink Character Recognition) code is printed on cheques to facilitate automated processing. This code helps identify the bank and branch during cheque clearing processes.

These codes are essential for secure and accurate electronic fund transfers within the Indian banking system.

IFSC and MICR code sample on bank cheque