IDBI - MEDAK

Details about the IFSC1 IBKL0000774:

Bank: IDBI
Bank Branch: MEDAK (IN-AP)
Country: India
District/State: MEDAK / ANDHRA PRADESH
City: MEDAK
Address: IDBI BANK LTD, #3-9-123, AUTO NAGAR, MAIN ROAD, MEDAK, ANDHRA PRADESH-502110
IFSC:1 IBKL0000774
MICR:2 502259502




1) An IFSC code (Indian Financial System Code) is a unique 11-digit alphanumeric code used to identify bank branches participating in electronic fund transfers like NEFT, RTGS, and IMPS.

2) Magnetic ink character recognition code, known in short as MICR code, is a character recognition technology used mainly by the banking industry to streamline the processing and clearance of cheques and other documents.