IFSC Code IBKL0001562 - IDBI-SHAJAPUR-Shajapur

Detail Information
IFSC Code IBKL0001562
Bank Name IDBI
Address IDBI BANK SHOP NO 1 CHOUDHARY TOWER A B ROAD IN FRONT OF WATER WORKS SHAJAPUR
District Shajapur
State Madhya pradesh
Branch Shajapur
Contact +918718801353
Centre Available
IMPS Available
UPI Available
MICR 465259101
RTGS 1
NEFT Not Available
ISO3166 IN-MP
Bankcode IBKL

Overview of IBKL0001562

The IFSC code IBKL0001562 is associated with the Shajapur SHAJAPUR Branch of IDBI. Located in the bustling city of Shajapur, MADHYA PRADESH, this branch is one of the many IDBI branches that cater to the banking needs of the local residents. The code "IBKL" in IBKL0001562 represents IDBI Bank, while 0001562 signifies the unique branch code for SHAJAPUR.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like IBKL0001562, for the SHAJAPUR Branch, cannot be overstated. It acts as an address that identifies both the IDBI and its specific branch in Shajapur. 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 IBKL0001562

The IFSC code IBKL0001562 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 Shajapur. Let's break down the details:

  • IFSC Code (IBKL0001562): This unique code is essential for electronic fund transfers. The first four characters "IBKL" represent the bank's name, IDBI. The last six characters "0001562" are a unique identifier for the SHAJAPUR 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 (IDBI BANK SHOP NO 1 CHOUDHARY TOWER A B ROAD IN FRONT OF WATER WORKS SHAJAPUR): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Shajapur, MADHYA PRADESH): The branch is situated in the heart of Shajapur, the capital city of MADHYA PRADESH. A city known for its [CITY_FEATURES].
  • Branch (SHAJAPUR): The [AREA_NAME] area in Shajapur is a hub of activity, and the IDBI branch here caters to both individual and business banking needs.
  • Phone Number (+918718801353): 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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