IDBI IFSC Code IBKL0000409

IDBI – VALSAD

IFSC Code: IBKL0000409

MICR Code: 396259001

Branch: VALSAD

Bank: IDBI

Address: 2-5 MEGH RACHNA TOWER,NR.SHEELA PARK,TITHAL ROAD VALSAD-396001

District: VALSAD

State: GUJARAT

Contact:

Indian Financial System Code (IFSC): IBKL0000409

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 000409. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 396259001

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.