IBKL0000774 IFSC Code, IDBI, MEDAK

IFSC Code of Idbi, Medak, Andhra Pradesh IFSC CODE & MICR CODE

IDBI, MEDAK - IBKL0000774

  • Bank name: IDBI

Bank Address: Idbi Bank Ltd, 3 9 123, Auto Nagar, Main Road, Medak, Andhra Pradesh 502110

  • IFSC Code ibkl0000774
  • Bank Code IBKL
  • Bank name IDBI
  • Bank contact number +918008110513
  • Bank branch MEDAK
  • Bank ISO3166 Code IN-AP
  • Bank Center MEDAK
  • MICR Code 502259502
  • State name ANDHRA PRADESH
  • District name MEDAK
  • City name MEDAK
  • 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, MEDAK branch is IBKL0000774, ensures that your transactions are directed to the correct branch.

How to Use IBKL0000774 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 MEDAK 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.