IBKL0001214 IFSC Code, IDBI, BALODA BRANCH

IFSC Code of Idbi, Baloda Branch, Chhattisgarh IFSC CODE & MICR CODE

IDBI, BALODA BRANCH - IBKL0001214

  • Bank name: IDBI

Bank Address: Near Sdm Office , Beside Pnb,main Road,baloda Bazaar Pin 493332 Cg

  • IFSC Code ibkl0001214
  • Bank Code IBKL
  • Bank name IDBI
  • Bank contact number +918109873301
  • Bank branch BALODA BRANCH
  • Bank ISO3166 Code IN-CT
  • Bank Center BALODA BAZAR
  • MICR Code 493259151
  • State name CHHATTISGARH
  • District name BALODA BAZAR
  • City name RAIPUR
  • 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, BALODA BRANCH branch is IBKL0001214, ensures that your transactions are directed to the correct branch.

How to Use IBKL0001214 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 BALODA BRANCH 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.