IFSC Code Details

Idbi Bank The Merchants Souharda Sahakara Bank Ni IFSC Code IBKL01241MB

Branch
THE MERCHANTS SOUHARDA SAHAKARA BANK NI
NEFT RTGS IMPS
IFSC CODE
IBKL01241MB

IDBI BANK - THE MERCHANTS SOUHARDA SAHAKARA BANK NI Details

Bank Name IDBI BANK
IFSC Code IBKL01241MB Use for NEFT, RTGS, IMPS
MICR Code 577810502
Branch Name THE MERCHANTS SOUHARDA SAHAKARA BANK NI
Address NO 1ST FLOOR SANTHEPET NEAR GANDHI CIRCLE CHITRADURGA 577501
City CHITRADURGA
District CHITRADURGA
State KARNATAKA
Contact Number 8277065263

About IDBI BANK in CHITRADURGA

Looking for the IFSC Code of IDBI BANK, THE MERCHANTS SOUHARDA SAHAKARA BANK NI branch? The code is IBKL01241MB.

This branch is situated at NO 1ST FLOOR SANTHEPET NEAR GANDHI CIRCLE CHITRADURGA 577501 in CHITRADURGA 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 MERCHANTS SOUHARDA SAHAKARA BANK NI branch, you need to provide the beneficiary's account number and this IFSC code (IBKL01241MB) 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 IBKL01241MB 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.

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IDBI BANK in CHITRADURGA

Same City
CHITRADURGA
MAGANUR COMMERCIAL COMPLEX, SITE NO 1 AND 2, B D ROAD, CHITRADURGA, PIN 577501, KARNATAKA
IFSC: IBKL0001241