IBKL0001340 IFSC Code, IDBI, CHIKODI

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

IDBI, CHIKODI - IBKL0001340

  • Bank name: IDBI

Bank Address: Vcp No 2678,rsy No 409a,shri Hanuman Nivas,b K College Road,chikodi 591201

  • IFSC Code ibkl0001340
  • Bank Code IBKL
  • Bank name IDBI
  • Bank contact number +918971760265
  • Bank branch CHIKODI
  • Bank ISO3166 Code IN-KA
  • Bank Center CHIKODI
  • MICR Code 591259202
  • State name KARNATAKA
  • District name CHIKODI
  • City name BELGAUM
  • 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, CHIKODI branch is IBKL0001340, ensures that your transactions are directed to the correct branch.

How to Use IBKL0001340 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 CHIKODI 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.