What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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Idbi Bank The Proddatur Co Op Town Bank Cuddapah Branch IFSC/MICR Code Details
Bank Name IDBI BANK
Address 10 BY 650,KONETI KALVA STREET,PRODDATUR 516361
State ANDHRA PRADESH
District CUDDAPAH
Branch THE PRODDATUR CO OP TOWN BANK
IFSC Code IBKL01272PC
Branch Code 1272PC (Last six characters of IFSC code represent Branch code.)
MICR Code NA
Contact Phone 251079
via https://bankingzone.in/ifsc

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