Find Branch Details by IFSC Code
Instantly get branch name, address, MICR code and other details using a valid 11-digit IFSC code.
IDBI, LIC EMPLOYEES CO OPERATIVE BANK LIMITED MACHILIPATNAM
- IFSC
- IBKL0871LEC
- BRANCH
- LIC EMPLOYEES CO OPERATIVE BANK LIMITED MACHILIPATNAM
- ADDRESS
- LIC COMPOUND LIC BUILDING BATCHUPETA MACHILIPATNAM 521001
- BANKCODE
- IBKL
- MICR
- 500259251
- DISTRICT
- MACHILIPATNAM
- CITY
- KRISHNA
- STATE
- ANDHRA PRADESH
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 IBKL0871LEC) are the bank code, identifying IDBI.
- The fifth character (0 in IBKL0871LEC) is reserved and is typically zero, separating the bank code from the branch code.
- The last six characters (871LEC in IBKL0871LEC) are the branch code for LIC EMPLOYEES CO OPERATIVE BANK LIMITED MACHILIPATNAM.
For example, IBKL0871LEC is the IFSC for IDBI’s LIC EMPLOYEES CO OPERATIVE BANK LIMITED MACHILIPATNAM branch. IFSC codes are used in NEFT, RTGS, IMPS and other electronic transfers.