IBKL0001071 IFSC Code, IDBI, BAGALKOT

IFSC Code of Idbi, Bagalkot, Karnataka IFSC CODE & MICR CODE

IDBI, BAGALKOT - IBKL0001071

  • Bank name: IDBI

Bank Address: Idbi Bank Ltd, Laxmi Complex, T P No 82,ward No 10,near Vasavi Talkies, Station Road, Bagalkot 587101

  • IFSC Code ibkl0001071
  • Bank Code IBKL
  • Bank name IDBI
  • Bank contact number +918329322271
  • Bank branch BAGALKOT
  • Bank ISO3166 Code IN-KA
  • Bank Center BAGALKOT
  • MICR Code 587259102
  • State name KARNATAKA
  • District name BAGALKOT
  • City name BAGALKOTE
  • 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, BAGALKOT branch is IBKL0001071, ensures that your transactions are directed to the correct branch.

How to Use IBKL0001071 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 BAGALKOT 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.