Idbi Bank has 5 branches in Aurangabad(Mh) like Retail Asset- Aurangabad , Ccu, Aurangabad , Aurangabad Amc , . Please select a branch from the list below to get the location, contact details, IFSC code, MICR code.

IFSC Codes of Idbi Bank in Aurangabad(Mh)

Branch Name Branch Address IFSC Code MICR Code Bank City District State
Retail Asset- Aurangabad Aurangabad,Rac Idbi Bank Ltd., Basement Plot No07 Raghbir
Chambers Vidya Nagar, Jalna Road Aurangabad Pin : 431003
Maharashtra
IBKL0000820 NON MICR Idbi Bank Aurangabad Aurangabad(Mh) Maharashtra
Ccu, Aurangabad Idbi Bank Ltd., Radhika Arcade, Near Fire Brigade, Jalna
Road, Aurangabad
IBKL0000988 431259003 Idbi Bank Aurangabad Aurangabad(Mh) Maharashtra
Aurangabad Amc Aurangabad Municipal, Corpn. Campus, Town Hall, Aurangabad,
Pincode - 431001
IBKL0000633 431259005 Idbi Bank Aurangabad Aurangabad(Mh) Maharashtra
Aurangabad (Corporate Banking Branch) Survey No.20292, Ratnaprabha Building,Kesarsingpura, Opp.
Lic Building,Adalat Road,Aurangabad-431001
IBKL0000376 431259008 Idbi Bank Aurangabad Aurangabad(Mh) Maharashtra
Aurangabad "Apulki" Bldg, Near Vidya Book, Aurangapura, P B No.104,
Aurangabad, Pincode - 431001
IBKL0000480 431259006 Idbi Bank Aurangabad Aurangabad(Mh) Maharashtra

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.