IDBI IFSC Code IBKL0116VCB

IDBI – SHRI VEERSHAIV CO OP BANK LTD

IFSC Code: IBKL0116VCB

MICR Code: 416407002

Branch: SHRI VEERSHAIV CO OP BANK LTD

Bank: IDBI

Address: SHRI VEERSHAIV CO OP BANK LTD.517A-1,PLOT.NO.6 SHIVAJI PARK,TARARANI CHOWK,KOLHAPUR 416001

District: KOLHAPUR

State: MAHARASHTRA

Contact:

Indian Financial System Code (IFSC): IBKL0116VCB

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 116VCB. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 416407002

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.