IDBI IFSC Code IBKL0000868

IDBI – BANASHANKARI

IFSC Code: IBKL0000868

MICR Code: 560259018

Branch: BANASHANKARI

Bank: IDBI

Address: SHASHWATHI ARCADE, NO 7 ATTIMABBE ROAD BANASHANKARI IIIRD STAGE BANGALORE 560085

District: BANGALORE URBAN

State: KARNATAKA

Contact:

Indian Financial System Code (IFSC): IBKL0000868

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 000868. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 560259018

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.