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 Teachers Co-operative Bank Ltd. Dakshin Kannad Branch IFSC/MICR Code Details
Bank Name IDBI BANK
Address 3TH FLOOR, BALIGA TOWERS, NEAR SERVICE BUS-STAND, UDUPI.
State KARNATAKA
District UDIPI
Branch TEACHERS CO-OPERATIVE BANK LTD.
IFSC Code IBKL0186T00
Branch Code 186T00 (Last six characters of IFSC code represent Branch code.)
MICR Code 576259251
Contact Phone 0
via https://bankingzone.in/ifsc

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