IDBI - THE SWASAKTHI MERCANTILE CO-OPERATIVE URBAN BANK LTD

Details about the IFSC1 IBKL0089SMC:

Bank: IDBI
Bank Branch: THE SWASAKTHI MERCANTILE CO-OPERATIVE URBAN BANK LTD (IN-AP)
Country: India
District/State: KRISHNA / ANDHRA PRADESH
City: VIJAYAWADA
Address: 40-27-5/1 PINNAMANENI POLYCLINIC ROAD, VIJAYAWADA 520010
IFSC:1 IBKL0089SMC
MICR:2 520259252




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.