IDBI IFSC Code IBKL0000374

IDBI – KHAMMAM

IFSC Code: IBKL0000374

MICR Code: 507259002

Branch: KHAMMAM

Bank: IDBI

Address: D.NO.8-1-75&76, M.V.R.COMPLEX, MUNICIPAL OFFICE ROAD, KHAMMAM – 507 001

District: KHAMMAM

State: ANDHRA PRADESH

Contact:

Indian Financial System Code (IFSC): IBKL0000374

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 000374. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 507259002

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.