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ALEPHATA    1 Branches
AUNDH    1 Branches
BARAMATI    1 Branches
BHADALWADI    1 Branches
BHOR    1 Branches
BHOSARI    1 Branches
BIBWEWADI    1 Branches
BORI BK    1 Branches
CHAKAN    1 Branches
CURRENCY CHEST, PUNE    1 Branches
DAUND    1 Branches
F. C. ROAD    1 Branches
GANESH NAGAR PUNE    1 Branches
GOJUBAVI    1 Branches
HADAPSAR    1 Branches
HINJAWADI    1 Branches
INDAPUR    1 Branches
JATEGAON    1 Branches
KALYANI NAGAR    1 Branches
KASARSAI    1 Branches
KASURDI    1 Branches
KHARADI    1 Branches
KIKVI    1 Branches
KONDHAVE KHURD    1 Branches
KOREGAON PARK    1 Branches
KOTHRUD EXTN COUNTER    1 Branches
MANCHAR    1 Branches
MANJARI KHURD    1 Branches
NARHE BRANCH    1 Branches
NEW D P ROAD AUNDH    1 Branches
NHAVI    1 Branches
NIGDI    2 Branches
NIRA SHIVTAKAR    1 Branches
PALASDEO    1 Branches
PASHAN    1 Branches
PAUD GAON    1 Branches
PIMPALE JAGTAP    1 Branches
PIMPRI CHINCHWAD    1 Branches
PUNE ANANDNAGAR    1 Branches
PUNE ASHOK NAGAR    1 Branches
PUNE BANER    1 Branches
PUNE CAMP    1 Branches
PUNE DECCAN GYMKHANA    1 Branches
PUNE KOTHRUD    1 Branches
PUNE L RD    1 Branches
PUNE LBS RD    1 Branches
PUNE LOKMANYANAGAR    1 Branches
PUNE SADASHIV PETH    1 Branches
PUNE SERVICE BR    1 Branches
PUNE SHIVAJINAGAR    1 Branches
PUNE SWARGATE    1 Branches
PUNE TILAK ROAD    1 Branches
PUNE VISHRANTWADI    1 Branches
RAJURI    1 Branches
RAKSHEWADI    1 Branches
RETAIL ASSET - PUNE    1 Branches
RETAIL ASSET- PIMPRI    1 Branches
SASWAD    1 Branches
SHIRUR    1 Branches
TALEGAON DABHADE    1 Branches
TALEGAON DHAMDHERE    1 Branches
URLIKANCHAN    1 Branches
VITHALWADI    1 Branches
WAGHOLI    1 Branches
WANAWADI    1 Branches
WARJE    1 Branches
WARULWADI    1 Branches

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Rate Date : 22/11/24

We found 117 Branches available for IDBI BANK, MAHARASHTRA, PUNE

General Information About Bank IFSC & MICR Code


What is an IFSC Code?

IFSC stands for Indian Financial System Code. It's an eleven digits & characters combination unique identifying number. This unique code helps to identify the perticular individual bank branches for smooth online transation such as NEFT, RTGS & IMPS transations. This code is developed by RBI (Reserve Bank of India).


Structure of the IFSC Code

The first four letters of the IFSC Code is bank code, Next one digits is genarally (0) zero & it's reserved for future use & last six digits is an unique identifier no for the particular Financial institution or bank branch.


Example : Breakdown of IFSC Code

A

B

C

D

0

1

2

3

4

5

6

Bank Code

Future Use

Branch Code


What is IFSC code used for?

IFSC Code used for various electronic or online fund transfer such as NEFT, RTGS, IMPS & other online fund transferring etc.


What is MICR Code?

MICR stands for Magnetic Ink Character Recognition technology & this code is developed by RBI (Reserve Bank of India). It's also a nine digits unique identifying number. This unique nine digits MICR code helps to identify the perticular individual bank branches and branch participating in an Electronic Clearing System (ECS).

The MICR code is located on the bottom of a each cheque leaf, next to the cheque number. You can also find it printed on the first page of a bank passbook.


Structure of the MICR Code


Example : Breakdown of MICR Code

1

2

3

4

5

6

7

8

9

City Code

Bank Code

Branch Code


What is MICR code used for?

MICR Code used for various financial transations such as SIP form or for transferring funds.


The given information is as per the guidelines of RBI (Reserve Bank of India)

Payment ServiceNEFTRTGSIMPS
ProcessProcess is based on Deferred Net Settlement (DNS) and the transfer of funds will be carried out in  half-hourly batches starting from 12:30 am to 12:00 amPayment process in which the money is credited in the beneficiary’s bank branch in real-time and on gross basisReal-time and instant interbank fund transfer process, IMPS is considered a secure & faster mode of fund transfer
Minimum Transfer LimitRe.1Rs.2 lakhRe.1
Maximum Transfer LimitNo limitNo limitRs.2 lakh
Operational TimingsAvailable 24x7, 365 days (including bank holidays)7 am to 6 pm on all working daysAvailable 24x7, 365 days (including bank holidays)
Inward Transaction ChargesNo chargesNo chargesDecided by individual member banks and PPIs


FAQ on IFSC & MICR code

Q. Do IFSC codes get changed?
A. Generally no but if the particular bank undergoes any merger or something then only the new IFSC code will be issued by RBI (Reserve Bank of India) & the old one will be deactivated.

Q. How to transfer money using the IFSC code?
A. Using IFSC code transferring funds from one bank to another bank or the same bank different accounts is really a hassle free solution. When you try to transfer funds using online banking such as NEFT, RTGS, IMPS & others method then you need the customer name, bank account no. & the IFSC code.

Q. Is sharing IFSC & MICR code safe?
A. Each Indivitual bank branch's IFSC code & MICR code is matchless and it's essential in India for transferring funds through the online banking. Every bank guarantees the security of the fund transfer & no one may misuse the IFSC code & MICR code for fraud, theft & spaming.

Q. Is IFSC code and branch code is same?
A. No. An IFSC code is an eleven digit alphanumeric unique code issued by RBI(Reserve Bank of India) to identify the each indivitual bank branch. Branch code is a part of of the IFSC code because it's identify a particual bank branch. The last 6 digit of the IFSC code is the branch code & this code is also printed on your first page of your bank passbook.