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 Bhadson Patiala Branch IFSC/MICR Code Details
Bank Name IDBI BANK
Address SCF NO-16, GRAIN MARKET,NEAR NEW TRUCK UNION,BHADSON, PUNJAB, PIN-147202
State PUNJAB
District PATIALA
Branch BHADSON
IFSC Code IBKL0000895
Branch Code 000895 (Last six characters of IFSC code represent Branch code.)
MICR Code WAITING
Contact Phone 0
via https://bankingzone.in/ifsc

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