IFSC Code Details

Idbi Bank The Grain Merchants Co Operatve Bank Ltd IFSC Code IBKL0551GMC

Q: Can I use this IFSC code for NEFT, RTGS, and IMPS?

Yes, the IFSC code IBKL0551GMC can be used for all types of electronic fund transfers including NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).

IDBI BANK

Branch

THE GRAIN MERCHANTS CO OPERATVE BANK LTD

NEFT RTGS IMPS

IFSC CODE

IBKL0551GMC

IDBI BANK - THE GRAIN MERCHANTS CO OPERATVE BANK LTD Details

Bank Name	IDBI BANK
IFSC Code	IBKL0551GMC Use for NEFT, RTGS, IMPS
MICR Code	Not Available
Branch Name	THE GRAIN MERCHANTS CO OPERATVE BANK LTD
Address	N0 2 PAMPAMAHAKAVI ROAD, CHAMARAJPET, NEAR MINTO EYE HOSPITAL CIRCLE BANGALORE 560018
City	BANGALORE
District	BANGALORE URBAN
State	KARNATAKA
Contact Number	26677552

About IDBI BANK in BANGALORE

Looking for the IFSC Code of IDBI BANK, THE GRAIN MERCHANTS CO OPERATVE BANK LTD branch? The code is IBKL0551GMC.

This branch is situated at N0 2 PAMPAMAHAKAVI ROAD, CHAMARAJPET, NEAR MINTO EYE HOSPITAL CIRCLE BANGALORE 560018 in BANGALORE district of KARNATAKA.

You can use this code for online fund transfers via NEFT, RTGS, and IMPS to beneficiaries holding accounts in this branch. Always verify the IFSC code with the cheque book or passbook of the beneficiary before confirming the transaction.

Frequently Asked Questions

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is mandatory for electronic fund transfers like NEFT, RTGS, and IMPS. The first four characters represent the bank, the fifth is always zero, and the last six identify the specific branch.

To transfer money to IDBI BANK THE GRAIN MERCHANTS CO OPERATVE BANK LTD branch, you need to provide the beneficiary's account number and this IFSC code (IBKL0551GMC) in your online banking portal or mobile app. This code ensures the funds are routed to the correct branch.

IFSC codes are used for electronic funds transfers (NEFT, RTGS, IMPS), while MICR (Magnetic Ink Character Recognition) codes are used for cheque processing. IFSC is 11 characters long and includes both letters and numbers, whereas MICR is a 9-digit numeric code printed on cheques.

Yes, the IFSC code IBKL0551GMC can be used for all types of electronic fund transfers including NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).

The IFSC code is usually printed on the top or bottom of your cheque leaf, along with the MICR code. You can also find it on your bank passbook, account statement, or by contacting your bank's customer service.

Yes, it is completely safe to share your IFSC code. This code only identifies the bank branch and cannot be used alone to access your account or make unauthorized transactions. However, always verify the recipient before sharing along with your account number.

Idbi Bank The Grain Merchants Co Operatve Bank Ltd IFSC Code IBKL0551GMC

IDBI BANK - THE GRAIN MERCHANTS CO OPERATVE BANK LTD Details

About IDBI BANK in BANGALORE

Frequently Asked Questions

What is an IFSC Code?

How do I use the IFSC Code IBKL0551GMC?

What is the difference between IFSC and MICR code?

Can I use this IFSC code for NEFT, RTGS, and IMPS?

Where can I find the IFSC code on my cheque book?

Is it safe to share my IFSC code?

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