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 Bilagi Pattana Sahakari Bank Bagalkote Branch IFSC/MICR Code Details
Bank Name IDBI BANK
Address NIYAMIT,NEAR BUS STAND BAGALKOTE 587116,KARNATAKA
State KARNATAKA
District BAGALKOTE
Branch BILAGI PATTANA SAHAKARI BANK
IFSC Code IBKL01071BP
Branch Code 1071BP (Last six characters of IFSC code represent Branch code.)
MICR Code 587871501
Contact Phone 2764789945
via https://bankingzone.in/ifsc

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