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 Krishna Sahakari Bank Ltd, Rethare Bk Satara Branch IFSC/MICR Code Details
Bank Name IDBI BANK
Address 269,DMS COMPLEX OPP KRISHNA HOSP AP MALKAPUR TAL KARAD DIST SATARA
State MAHARASHTRA
District SATARA
Branch KRISHNA SAHAKARI BANK LTD, RETHARE BK
IFSC Code IBKL0470KRS
Branch Code 470KRS (Last six characters of IFSC code represent Branch code.)
MICR Code 415804352
Contact Phone 242227
via https://bankingzone.in/ifsc

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