IDBI IFSC Code IBKL0001721

IDBI – NARSIPATNAM

IFSC Code: IBKL0001721

MICR Code: 530259152

Branch: NARSIPATNAM

Bank: IDBI

Address: RAJULU NAIDU ARCADE,MAIN ROAD,NARSIPATNAM,VISAKHAPATNAM -531116

District: VISHAKHAPATNAM

State: ANDHRA PRADESH

Contact: +919989931377

Indian Financial System Code (IFSC): IBKL0001721

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 001721. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 530259152

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.