IBKL0000699 IFSC Code, IDBI, VERAVAL

IFSC Code of Idbi, Veraval, Gujarat IFSC CODE & MICR CODE

IDBI, VERAVAL - IBKL0000699

  • Bank name: IDBI

Bank Address: 1st Floor, Akshar Complex, S T Road, Veraval 362265

  • IFSC Code ibkl0000699
  • Bank Code IBKL
  • Bank name IDBI
  • Bank contact number +919725999344
  • Bank branch VERAVAL
  • Bank ISO3166 Code IN-GJ
  • Bank Center VERAVAL
  • MICR Code 362259051
  • State name GUJARAT
  • District name VERAVAL
  • City name JUNAGADH
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for IDBI, VERAVAL branch is IBKL0000699, ensures that your transactions are directed to the correct branch.

How to Use IBKL0000699 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the VERAVAL branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.