Idbi Bank has 7 branches in Udupi like Udipi , Teachers’ Co-Operative Bank Ltd. , Teachers’ Co-Operative Bank Ltd. , . Please select a branch from the list below to get the location, contact details, IFSC code, MICR code.

IFSC Codes of Idbi Bank in Udupi

Branch Name Branch Address IFSC Code MICR Code Bank City District State
Udipi Municipal Centre, Maruti Veethika, Chittaranjan Circle,
Udipi-576101, Karnataka
IBKL0000186 NON-MICR Idbi Bank Udupi Udupi Karnataka
1St Floor, Dr. U.R.Rao Complex, Thenkapate, Udupi IBKL0186T01 576259252 Idbi Bank Udupi Udupi Karnataka
3Th Floor, Baliga Towers, Near Service Bus-Stand, Udupi. IBKL0186T00 576259251 Idbi Bank Udupi Udupi Karnataka
Mahalakshmi Co-Operative Bank Ltd, Udupi Y Mm Sangha Buildin, 1St Floor, Malpe 576108 IBKL0186MC1 576259253 Idbi Bank Udupi Udupi Karnataka
Mahalakshmi Co-Operative Bank Ltd, Udupi Shivakripa Bldg, 1St Floor, Maruthi Veethka, Udupi 576101 IBKL0186MC2 576259254 Idbi Bank Udupi Udupi Karnataka
Mahalakshmi Co-Operative Bank Ltd, Udupi Padmavthi Complex, 1St Floor, Church Road, Kundapura 576201 IBKL0186MC3 576259255 Idbi Bank Udupi Udupi Karnataka
Lic Co-Operative Bank Lic Co-Operative Bank. Udupi-576101 IBKL0186LEC 576802002 Idbi Bank Udupi Udupi Karnataka

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.