Idbi Bank has 5 branches in Ranchi like Singh More , Ranchi , Kanke Road , . Please select a branch from the list below to get the location, contact details, IFSC code, MICR code.

IFSC Codes of Idbi Bank in Ranchi

Branch Name Branch Address IFSC Code MICR Code Bank City District State
Singh More Idbi Bank , Godawari Plaza First Floor, Singh More, Hatia,
Ranchi 834004
IBKL0001260 834259006 Idbi Bank Ranchi Ranchi Jharkhand
Ranchi Arjan Place, 5, Main Roadranchi IBKL0000063 834259002 Idbi Bank Ranchi Ranchi Jharkhand
Kanke Road Idbi Bank Ltd. Ground Floor, Durga Kutir, Beside Sourav
Medical Hall, Kanke Road, Ranchi-830008 Jharkhand
IBKL0001101 834259004 Idbi Bank Ranchi Ranchi Jharkhand
Central Clearing Unit , Ranchi Idbi Bank Ltd, 2Nd Floor, Mikado Tower, Near Hotel Sartaj,
Main Road, Ranchi - 834001, Jharkhand
IBKL0000950 834259001 Idbi Bank Ranchi Ranchi Jharkhand
Ashok Nagar, Argora Plot No.463/A, Ashok Nagar, Argora Chowk, Ranchi-834002
Jharkhand
IBKL0001152 834259005 Idbi Bank Ranchi Ranchi Jharkhand

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.