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 Shri Mahalaxmi Co Operative Bank Ltd Vijapur Bijapur Branch IFSC/MICR Code Details
Bank Name IDBI BANK
Address RAM MANDIR ROAD BESIDE ICICI BANK BIJAPUR - 586101 KARNATAKA
State KARNATAKA
District BIJAPUR
Branch SHRI MAHALAXMI CO OPERATIVE BANK LTD VIJAPUR
IFSC Code IBKL0744MBL
Branch Code 744MBL (Last six characters of IFSC code represent Branch code.)
MICR Code 586803002
Contact Phone 9900885266
via https://bankingzone.in/ifsc

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