IDBI – BISWANATH CHARIALI (IFSC Code)
| Bank Name | IDBI |
| IFSC Code | IBKL0002230 |
| MICR Code | 784259004 |
| Branch | BISWANATH CHARIALI |
| Address | KOCHGAON,WARD NO 2,BISWANATH CHARIALI,SONITPUR,PIN 784176,ASSAM |
| City | SONITPUR |
| District | BISWANATH CHARIALI |
| State | ASSAM |
Frequently Asked Questions
What is the IFSC Code of IDBI BISWANATH CHARIALI?
The IFSC code is IBKL0002230 for the BISWANATH CHARIALI branch of IDBI.
What is the address of IDBI BISWANATH CHARIALI?
The branch is located at KOCHGAON,WARD NO 2,BISWANATH CHARIALI,SONITPUR,PIN 784176,ASSAM, in the city of SONITPUR, BISWANATH CHARIALI, ASSAM.
In which district does IDBI BISWANATH CHARIALI fall?
This branch is situated in the BISWANATH CHARIALI district of Assam.
What is the MICR Code of IDBI?
The MICR code for this branch is 784259004.
Branch Code vs IFSC Code vs MICR Code: Essential Banking Identifiers Explained
Are you confused about different banking codes? Understanding the unique purposes of branch codes, IFSC codes, and MICR codes is crucial for smooth banking transactions. Let’s break down these essential banking identifiers and their specific functions.
What is a Branch Code?
Branch codes are unique identifiers that distinguish individual bank branches within the same network. These alphanumeric combinations help with:
- Internal bank operations
- Record-keeping systems
- Customer service tracking
- Administrative processes
Understanding IFSC Codes
The Indian Financial System Code (IFSC) is critical for electronic fund transfers in India. This 11-character alphanumeric code:
- Is assigned by the Reserve Bank of India
- Enables NEFT and RTGS transactions
- Ensures accurate routing between banks
- Minimizes transaction errors and delays
The Role of MICR Codes
Magnetic Ink Character Recognition (MICR) technology authenticates banks on documents like cheques. MICR codes:
- Use special magnetic ink printing
- Appear at the bottom of cheques
- Enable automated cheque processing
- Identify the specific bank and branch of origin
Why These Banking Codes Matter
While serving different purposes, these banking identifiers collectively ensure secure, efficient financial transactions. Branch codes facilitate internal operations, IFSC codes enable electronic transfers, and MICR codes authenticate cheque processing—each playing a vital role in modern banking infrastructure.
Understanding these distinctions helps consumers navigate banking systems more effectively and ensures smoother financial operations.