Idbi Bank has 5 branches in Faridabad like Scb-Faridabad , Rac-Faridabad , Palwal , . Please select a branch from the list below to get the location, contact details, IFSC code, MICR code.

IFSC Codes of Idbi Bank in Faridabad

Branch Name Branch Address IFSC Code MICR Code Bank City District State
Scb-Faridabad Plot No. 69-71, Om Shubham Tower, Neelam Bata Road,
Faridabad-121 001
IBKL0001080 APPLIED FOR Idbi Bank Faridabad Faridabad Haryana
Rac-Faridabad Idbi Bank(Rac),5 C/3, First Floor, B P Nit, Faridabad-121001
, Hariyana
IBKL0008008 NON MICR Idbi Bank Faridabad Faridabad Haryana
Palwal Idbi Bank Ltd, Paradise Plaza,Old Gt Road,Palwal,Haryana,
121102
IBKL0000343 121259002 Idbi Bank Palwal Faridabad Haryana
Nit,Faridabad 5 C/3, Bp Nit Faridabad IBKL0001037 110-259-050 Idbi Bank Faridabad Faridabad Haryana
Ballabgarh Khasara No 1670/1674(Fca 57), Shyam Colony, Ballabgarh,
Faridabad 121004
IBKL0000885 110259051 Idbi Bank Faridabad Faridabad Haryana

What is IFSC code of a bank?

Full form of IFSC code is Indian Financial System Code.
When you want to make a payment to an account you would need to mention an IFSC code along with the account number. IFSC code is used to identify a branch of a bank. An account number along with an IFSC code is used uniquely identify an account. This combination can be then used to make online fund transfer through NEFT or RTGS.
On the other hand, NEFT transactions generally take upto 2 hours to settle.

What is the use of MICR code?

MICR stands for Magnetic Ink Character Recognition. It appears on your cheque just after your cheque number. It is used to identify a particular branch of a bank in a city. It is a nine digit number of which first 3 digits stand for city, next 3 for bank and last 3 for branch.
The MICR code is used for clearing the cheques. A machine can read MICR code and quickly identify the exact branch where the account of the cheque issuers is held.

What is the time of Neft?

National Electronic Funds Transfer is used for transferring the funds online. The system is available from 8 in the morning till 7 in the evening and 1 in the afternoon. Any NEFT requests not cleared on a day are rolled over to the next day and cleared on next working day. If you want to transfer funds instantly use RTGS or IMPS instead. You can also use online wallets.