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IDBI IFSC Code IBKL0871LEC

HomeIFSC CodesIDBIIBKL0871LEC

IDBI – LIC EMPLOYEES CO-OPERATIVE BANK LIMITED, MACHILIPATNAM

IFSC Code: IBKL0871LEC

MICR Code: 500259251

Branch: LIC EMPLOYEES CO-OPERATIVE BANK LIMITED, MACHILIPATNAM

Bank: IDBI

Address: LIC COMPOUND, LIC BUILDING, BATCHUPETA, MACHILIPATNAM – 521001

District: KRISHNA

State: ANDHRA PRADESH

Contact:

Indian Financial System Code (IFSC): IBKL0871LEC

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

  • The first four characters represent the bank name.
  • The fifth character is always ‘0’ and is reserved for future use.
  • Branch Code 871LEC. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 500259251

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.

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