Find Branch Details by IFSC Code
Instantly get branch name, address, MICR code and other details using a valid 11-digit IFSC code.
IDBI, PARALI VAIJNATH
- IFSC
- IBKL0000503
- BRANCH
- PARALI VAIJNATH
- ADDRESS
- OPALE GALLI, VIVEKANAND NAGAR, PARLI-VAIJNATH, TAL AMBEJOGAI, PINCODE - 431515
- BANKCODE
- IBKL
- MICR
- 431259352
- DISTRICT
- PARLI VAIJNATH
- CITY
- BEED
- STATE
- MAHARASHTRA
Definition
What is IFSC Code
IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT system in India.
The IFSC code is made up of three parts:
- The first four characters (IBKL in IBKL0000503) are the bank code, identifying IDBI.
- The fifth character (0 in IBKL0000503) is reserved and is typically zero, separating the bank code from the branch code.
- The last six characters (000503 in IBKL0000503) are the branch code for PARALI VAIJNATH.
For example, IBKL0000503 is the IFSC for IDBI’s PARALI VAIJNATH branch. IFSC codes are used in NEFT, RTGS, IMPS and other electronic transfers.