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Home /MICR Code /Idbi Bank /Delhi /New Delhi /Punjabi Bagh

Idbi Bank MICR Code, Punjabi Bagh Branch New Delhi in Delhi

Get IFSC and MICR code of Idbi Bank Punjabi Bagh branch in New Delhi city or district, Delhi state along with address and contact phone numbers, scroll down.
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Idbi Bank Punjabi Bagh
Idbi Bank Punjabi Bagh MICR Code

MICR Code: 110259032

Idbi Bank MICR Code, Punjabi Bagh Branch New Delhi in Delhi

Bank NameIdbi Bank
IFSC Code IBKL0000248
(used for RTGS and NEFT transactions)
MICR Code 110259032
Branch Punjabi Bagh
StateDelhi
DistrictNew Delhi
City NEW DELHI
Address2/46, PUNJABI BAGH WEST,  A.V. ROAD, NEW DELHI 110026
Branch Code 000248 (Last six characters of IFSC code represent Branch code.)
Contact Not Available
Emailetpc@idbi.co.in
Websitehttps://www.idbi.com
Customer.Tel : 022-66908447/97/42, 022-66908538

Along with your account number, account name and account type (ie., savings or current) the following information about the branch is to be provided for fund transfer:

  • Bank Name : Idbi Bank
  • Branch Name : Punjabi Bagh
  • MICR Code : IBKL0000248
  • Location : New Delhi, Delhi

OR Choose other Branch From Idbi Bank New Delhi Listed Below

  • ASHOK VIHAR
  • MUKHERJEE NAGAR
  • PUNJABI BAGH
  • VIKAS PURI
  • VIVEK VIHAR DELHI

What is Idbi Bank Punjabi Bagh MICR Code.

The full form of MICR is Magnetic Ink Character Recognition technology. The primary need for this innovation is to authenticate the originality and legality of paper based documents in the banking system and is majorly used on cheques. In terms of their real-world importance, MICR stands on par with IFSC where transfer of funds using NEFT or IMPS is concerned..

MICR code imbibes the cutting-edge character recognition technology that is used by banks to authenticate the clearance of cheques and other such documents. MICR code itself can be seen placed on the bottom strip of the cheque and includes such details as the bank code, account details, cheque number and amount, alongside a control indicator. The principal advantage of this system is that unlike similar concepts like barcodes, MICR can be easily distinguished and read by humans.

What is the use of MICR code?

MICR is a technology that helps in verifying the originality of cheques or other paper documents. It is used mainly by banks to process cheques faster. The MICR code helps RBI in identifying the bank branch.

What is Idbi Bank MICR Code?

Magnetic Ink Character Recognition (MICR) is a printing technology that is used to print alpha-numeric details. MICR Code is printed on cheques and they allow the cheque to be processed easily.

Punjabi Bagh Branch Information

Indian Financial System Code, Magnetic Ink Character Recognition, SWIFT Code, Address and Contact number of Idbi Bank - Punjabi Bagh branch in [ditrict]  district which is in the state of Delhi. Branch office and ATM location.

What is  Idbi Bank Punjabi Bagh RTGS?

Real Time Gross Settlement (RTGS) is a fund transfer mechanism which is used to transfer money from one bank to another. This gross basis transfer happens in realtime, hence the name. Minimum amount that can be transferred through RTGS is Rs. 2,00,000. Fees to process RTGS will be applicable.

What is  Idbi Bank Punjabi Bagh NEFT?

National Electronic Fund Transfer (NEFT) is an online money transfer system which is supported by RBI. NEFT is used for medium and small amount transfer between accounts and banks. There is no minimum amount limit to send money via NEFT.

Popular Searches on Idbi Bank Punjabi Bagh

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