IDBI IFSC Code IBKL0000018

IDBI – CHEMBUR

IFSC Code: IBKL0000018

MICR Code: 400259005

Branch: CHEMBUR

Bank: IDBI

Address: SHOP 12-16, SUNNY ESTATE II,SION TROMBAY ROAD, CHEMBUR,

District: GREATER MUMBAI

State: MAHARASHTRA

Contact:

Indian Financial System Code (IFSC): IBKL0000018

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 000018. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 400259005

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.