IBKL0002040 IFSC Code, IDBI, BADNAGAR

IFSC Code of Idbi, Badnagar, Madhya Pradesh IFSC CODE & MICR CODE

IDBI, BADNAGAR - IBKL0002040

  • Bank name: IDBI

Bank Address: Diversion Road,jawahar Marg,badnagar District Ujjain M.p. 456771

  • IFSC Code ibkl0002040
  • Bank Code IBKL
  • Bank name IDBI
  • Bank contact number +919907025205
  • Bank branch BADNAGAR
  • Bank ISO3166 Code IN-MP
  • Bank Center BARNAGAR
  • MICR Code 456259051
  • State name MADHYA PRADESH
  • District name BARNAGAR
  • City name UJJAIN
  • 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, BADNAGAR branch is IBKL0002040, ensures that your transactions are directed to the correct branch.

How to Use IBKL0002040 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 BADNAGAR 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.