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 Mangalore Co-operative Town Bank Limited Dakshin Kannad Branch IFSC/MICR Code Details
Bank Name IDBI BANK
Address HEAD OFFICE CAR STREET,MANGALORE 575001
State KARNATAKA
District DAKSHIN KANNAD
Branch THE MANGALORE CO-OPERATIVE TOWN BANK LIMITED
IFSC Code IBKL0078MCT
Branch Code 078MCT (Last six characters of IFSC code represent Branch code.)
MICR Code 575295002
Contact Phone 2429330
via https://bankingzone.in/ifsc

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