IBKL0001450 IFSC Code, IDBI, MEDHA

IFSC Code of Idbi, Medha, Maharashtra IFSC CODE & MICR CODE

IDBI, MEDHA - IBKL0001450

  • Bank name: IDBI

Bank Address: Kadam Building Near Police Station Medha Po And Tal Satara Pin 415012

  • IFSC Code ibkl0001450
  • Bank Code IBKL
  • Bank name IDBI
  • Bank contact number +919112203799
  • Bank branch MEDHA
  • Bank ISO3166 Code IN-MH
  • Bank Center MEDHA
  • MICR Code 415259504
  • State name MAHARASHTRA
  • District name MEDHA
  • City name SATARA
  • 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, MEDHA branch is IBKL0001450, ensures that your transactions are directed to the correct branch.

How to Use IBKL0001450 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 MEDHA 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.