Latest details of Ifsc: Ibkl0001274

IDBI BANK

Branch name : SANTOSHNAGAR

Contact Information

Address: 17 1 380EB PLOT NO 13 CENTRAL EXCISE EMPLOYEES CO OPERATIVE SOCIETY CE COLONY SAIDABAD HYDERABAD PIN 500060

Contact number: 9898022799

Bank Details

IFSC Code: IBKL0001274

City: HYDERABAD

District: HYDERABAD

State: ANDHRA PRADESH

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