IDFB0041302 IFSC Code for IDFC Bank Ltd Khandwa Branch branch located at Madhya Pradesh state, Khandwa (East Nimar) district, Khandwa, and branch Address is Unit No. 1 2 19 20 21 & 22 Upper Ground Floor Landmark One Mall Ward No.26 Plot. No.104 & 105 Pandhana Road Khandwa Madhya pradesh450001, Branch Contact numbers 8462008501 Branch code is 041302 last six characters of the IFSC Code.
Branch Information Last updated Nov 23, 2015
IFSC: IDFB0041302
MICR:
450751101
Branch Code: 041302
Address: UNIT NO. 1 2 19 20 21 & 22 UPPER GROUND FLOOR LANDMARK ONE MALL WARD NO.26 PLOT. NO.104 & 105 PANDHANA ROAD KHANDWA MADHYA PRADESH450001
Contact: 8462008501
Map Location of Khandwa, Khandwa (East Nimar), Madhya Pradesh
What is IFSC Code IDFB0041302?
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 : (IDFB0041302) 11 alpha numeric characters code assigned by Reserve Bank of India to IDFC Bank Ltd Khandwa Branch Branch
- First 4 characters represent the entity (IDFB0041302)
- Fifth position has been defaulted with a '0' (Zero) for future use (ICIC0041302)
- Last 6 character denotes the branch identity (ICIC0041302)
What is MICR Code 450751101?
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 450751101 is 9 digits code printed on cheques to facilitate and expedite clearance of cheques in banking system.
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