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IBKL0000306 IFSC Code for IDBI Bank Ltd Sanpada branch located at Maharashtra state, Thane district, New Mumbai, and branch Address is Plot 1, Queen'S Necklace Shopping Paradise, Sector 18, Sanpada, Navi Mumbai 400705, Branch Contact numbers Apratim Basu 9867568632 Branch code is 000306 last six characters of the IFSC Code.
Bank Information

IDBI Bank Ltd
Phone: 1800-22-1070/ 1800-200-1947
email: [email protected]
Web: www.idbi.com

» View All Banks List in New Mumbai
Branch Information Last updated May 31, 2013
IFSC: IBKL0000306
MICR: 400259048
Branch Code: 000306
District: THANE
Address: PLOT 1, QUEEN'S NECKLACE SHOPPING PARADISE, SECTOR 18, SANPADA, NAVI MUMBAI 400705
Contact: APRATIM BASU 9867568632
Map Location of New Mumbai, Thane, Maharashtra
Sanpada
Sanpada
Sanpada
What is IFSC Code IBKL0000306?
IFSC or Indian Financial System Code is an alpha-numeric code that uniquely identifies a bank-branch participating in the NEFT system.
This is an 11 digit code with the first 4 alpha characters representing the bank, and the last 6 characters representing the branch.
The 5th character is 0 (zero).
IFSC is used by the NEFT system to identify the originating / destination banks / branches and also to route the messages appropriately to the concerned banks / branches.

IFSC is 11 alpha numeric characters code assigned by Reserve Bank of India to bank branches for facilitating online money / fund transfer using NEFT, RTGS or ECS between two bank accounts.

  • The code consists of 11 Characters : (IBKL0000306) 11 alpha numeric characters code assigned by Reserve Bank of India to IDBI Bank Ltd Sanpada Branch
  • First 4 characters represent the entity (IBKL0000306)
  • Fifth position has been defaulted with a '0' (Zero) for future use (ICIC0000306)
  • Last 6 character denotes the branch identity (ICIC0000306)

What is MICR Code 400259048?
Magnetic ink character recognition (MICR) is a character recognition technology used primarily by the banking industry to facilitate the processing of cheques.
MICR characters are printed in special typefaces with a magnetic ink or toner, usually containing iron oxide. A special machine is used to read these characters, which can be easily read by humans too. The characters are usually printed on the bottom strip of cheque leaf.
This MICR code is used By RBI (Reserve bank Of India) clearing process to identify the branch and bank for clearing processes.
MICR 400259048 is 9 digits code printed on cheques to facilitate and expedite clearance of cheques in banking system.

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