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 Rajapur Sahakari Bank Greater Bombay Branch IFSC/MICR Code Details
Bank Name IDBI BANK
Address 561 C BY B BLOCK NO 8,AGAKHAN BUILDING,FIRST FLOOR,DR E MOSES ROAD SAATRASTA,PIN 400011
State MAHARASHTRA
District GREATER BOMBAY
Branch THE RAJAPUR SAHAKARI BANK
IFSC Code IBKL0579RSB
Branch Code 579RSB (Last six characters of IFSC code represent Branch code.)
MICR Code 400082368
Contact Phone 23090623
via https://bankingzone.in/ifsc

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