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Get MICR code of Idbi Bank Lic Employees Co Operative Bank Limited Machilipatnam branch in Machilipatnam city or district, Andhra Pradesh state along with address and contact phone numbers details etc.
MICR stands for Magnetic Ink Character Recognition. MICR Code is a unique numerical code printed on cheques, facilitating the processing of cheques speedily and accurately. It helps in identifying the bank and branch where the cheque originated.
The Idbi Bank MICR code is 9 digit numbers?
A MICR Code typically consists of an nine-digit number. The first three digits represent the city code, the next three digits denote the bank code, and the final three digits specify the branch code.
Lic Employees Co Operative Bank Limited Machilipatnam Branch Information
Indian Financial System Code, Magnetic Ink Character Recognition, SWIFT Code, Address and Contact number of Idbi Bank - Lic Employees Co Operative Bank Limited Machilipatnam branch in Machilipatnam district which is in the state of Andhra Pradesh . Branch office and ATM location.
Real Time Gross Settlement (RTGS) is a fund transfer mechanism which is used to transfer money from one bank to another. This gross basis transfer happens in realtime, hence the name. Minimum amount that can be transferred through RTGS is Rs. 2,00,000. Fees to process RTGS will be applicable.
National Electronic Fund Transfer (NEFT) is an online money transfer system which is supported by RBI. NEFT is used for medium and small amount transfer between accounts and banks. There is no minimum amount limit to send money via NEFT.
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