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 Sunder Nagar Raipur Branch IFSC/MICR Code Details
Bank Name IDBI BANK
Address IDBI BANK NH 21, BHOJPUR, SUNDER NAGAR DIST MANDI HIMACHAL PRADESH - 174101
State HIMACHAL PRADESH
District MANDI
Branch SUNDER NAGAR
IFSC Code IBKL0001025
Branch Code 001025 (Last six characters of IFSC code represent Branch code.)
MICR Code 174259002
Contact Phone 0
via https://bankingzone.in/ifsc

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