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IDBI IFSC Code IBKL0001398

HomeIFSC CodesIDBIIBKL0001398

IDBI – MUGKALYAN

IFSC Code: IBKL0001398

MICR Code: 700259501

Branch: MUGKALYAN

Bank: IDBI

Address: VILL NIMTA,PO MUGKALYAN BAZAR,MUGKALYAN,PIN 711312

District: HAORA

State: WEST BENGAL

Contact: 2351125

Indian Financial System Code (IFSC): IBKL0001398

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 001398. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 700259501

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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