IDBI BANK ASHOKNAGAR IFSC CODE Quick Search

IFSC Code

MICR Code

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What is IDBI BANK ASHOKNAGAR ifsc code

IFSC Code (The Indian Financial System Code) is an alphanumeric code which is used to transfer electronic funds in India.

IDBI BANK ASHOKNAGAR ifsc code is a Unique code which identifies each bank branch. The main purpose of IFSC Code is to participate each bank branch in the two main payment and settlement systems in India.

1) RTGS : Real Time Gross Settlement
2) NEFT : National Electronic Fund Transfer

IDBI BANK ASHOKNAGAR ifsc code Format:

The IFSC Code is an 11-characters code. First four alphabetic characters ( position 1 to 4) represents BankName and Last Six charactes ( Position from 6-11) which can be alphanumeric represents Bank Branch. The fifth character is 0 (zero) which is reserved for future use.

1 2 3 4 5 6 7 8 9 10 11
Bank Code 0 Branch Code

For Example :

IDBI BANK ASHOKNAGAR ifsc code : IBKL0001627 is 11 digit Unique IFSC Code.

First 4 characters represents Bank Code : IBKL for Bank : IDBI BANK

5th character is Zero and it is reserved for future reference

Last 6 characters represents Branch Code : 001627 for Bank Branch ASHOKNAGAR

Anatomy of a Cheque

IDBI BANK ASHOKNAGAR ifsc code -cheque

The above image represent cheque format which locates IFSC Code and MICR Code in Red Box

What is MICR Code for idbi bank ashoknagar

MICR code for idbi bank ashoknagar represents Magnetic Ink Character Recognition technology which is printed on cheques. This MICR Code is used for the identification of the cheques for faster processing.

MICR Code is a Unique code which identifies each bank branch. The main purpose of MICR Code is to participate each bank branch in an Electronic Clearing System (ECS).

Where is MICR Code for idbi bank ashoknagar on Cheque:

MICR Code for idbi bank ashoknagar can be found at the bottom of the cheque. As shown in above image MICR Code is shown inside Red rectangle at the bottom of the cheque.

MICR Code Format for idbi bank ashoknagar :

MICR Code for idbi bank ashoknagar is an 9-digit code. First three digits ( position 1 to 3) represents City Code, Next 3 Digits ( Position from 4-7) Bank Code and Last 3 Digits ( Position from 7-9) represents Branch Code.

1 2 3 4 5 6 7 8 9
City Code Bank Code Branch Code

For Example :

MICR Code for IDBI BANK : 473259076 is 9 digit Unique MICR Code.

First 3 digits represents CityCode Code : 473 for City : ASHOKNAGAR

Middle 3 digits reprents Bank Code: 259 for Bank : IDBI BANK

Last 3 digits represents Branch Code : 907 for Bank Branch ASHOKNAGAR

IDBI BANK All Branch IFSC Code List for City ASHOKNAGAR

idbi bank ashoknagar ifsc code

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