IFSC Code IBKL0001358 - IDBI-SPECIALISED MSME BRANCH-Madurai

Detail Information
IFSC Code IBKL0001358
Bank Name IDBI
Address NO 3WEST MARRET STREETLIC BUILDINGSI FLOORMADURAIPIN 625001TAMIL NADU
District Madurai
State Tamil nadu
Branch Specialised msme branch
Contact +919940133955
Centre Available
IMPS Available
UPI Available
MICR 625259007
RTGS 1
NEFT Not Available
ISO3166 IN-TN
Bankcode IBKL

Overview of IBKL0001358

The IFSC code IBKL0001358 is associated with the Madurai SPECIALISED MSME BRANCH Branch of IDBI. Located in the bustling city of Madurai, TAMIL NADU, this branch is one of the many IDBI branches that cater to the banking needs of the local residents. The code "IBKL" in IBKL0001358 represents IDBI Bank, while 0001358 signifies the unique branch code for SPECIALISED MSME BRANCH.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like IBKL0001358, for the SPECIALISED MSME BRANCH Branch, cannot be overstated. It acts as an address that identifies both the IDBI and its specific branch in Madurai. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.

Deep Dive into IBKL0001358

The IFSC code IBKL0001358 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with IDBI in Madurai. Let's break down the details:

  • IFSC Code (IBKL0001358): This unique code is essential for electronic fund transfers. The first four characters "IBKL" represent the bank's name, IDBI. The last six characters "0001358" are a unique identifier for the SPECIALISED MSME BRANCH branch.
  • Bank Name (IDBI): One of [country]'s leading banks, IDBI offers a wide range of banking products and financial services to its vast customer base.
  • Address (NO 3WEST MARRET STREETLIC BUILDINGSI FLOORMADURAIPIN 625001TAMIL NADU): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Madurai, TAMIL NADU): The branch is situated in the heart of Madurai, the capital city of TAMIL NADU. A city known for its [CITY_FEATURES].
  • Branch (SPECIALISED MSME BRANCH): The [AREA_NAME] area in Madurai is a hub of activity, and the IDBI branch here caters to both individual and business banking needs.
  • Phone Number (+919940133955): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.

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