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 Mahabaleshwar Urban Co-op Bank Ltd Mahabaleshwar Satara Branch IFSC/MICR Code Details
Bank Name IDBI BANK
Address 112,DR SABANE ROAD MAHABALESHWAR
State MAHARASHTRA
District SATARA
Branch THE MAHABALESHWAR URBAN CO-OP BANK LTD MAHABALESHWAR
IFSC Code IBKL0477MUC
Branch Code 477MUC (Last six characters of IFSC code represent Branch code.)
MICR Code 412812102
Contact Phone 260930
via https://bankingzone.in/ifsc

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