IDBI IFSC Code IBKL0001320

IDBI – ELECTRONIC CITY BRANCH

IFSC Code: IBKL0001320

MICR Code: 560259023

Branch: ELECTRONIC CITY BRANCH

Bank: IDBI

Address: MAJESTIC TERRACES , GROUND FLOOR, PLOT NO. 62/B, SY. NO. 65 & 66, OPP. TO POST OFFICE, NR WIPRO, DODDATHOGUR VILLAGE, ELECTRONIC CITY, PHASE 1, BANGALORE 560100

District: BANGALORE URBAN

State: KARNATAKA

Contact:

Indian Financial System Code (IFSC): IBKL0001320

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 001320. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 560259023

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.