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IDBI - LIC EMPLOYEES CO-OPERATIVE BANK LIMITED, MACHILIPATNAM

Details about the IFSC1 IBKL0871LEC:

Bank: IDBI
Bank Branch: LIC EMPLOYEES CO-OPERATIVE BANK LIMITED, MACHILIPATNAM (IN-AP)
Country: India
District/State: KRISHNA / ANDHRA PRADESH
City: MACHILIPATNAM
IFSC:1 IBKL0871LEC
MICR:2 500259251




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.