IFSC code for IDBI, Vidarbha merchants u c b ltd warora, Waroda, Maharashtra
Vidarbha Merchants U C B Ltd Warora, Chandrapur, Maharashtra
IFSC Code of IDBI
Every IDBI branch in India has a unique IDBI IFSC Code. IDBI IFSC Code enables IDBI account holders to send and receive money electronically. IDBI IFSC Code is assigned by RBI (Reserve Bank of India) to each branch as it helps in carrying out RTGS and NEFT transactions smoothly.
Benefits of IFSC Code
Unique Identification: IFSC code helps in unique identification of all banks and their respective branches.
Smooth Fund Transfer: IFSC code enables convenient and hassle-free transfer of funds from one bank account to another.
Monitoring Transactions: IFSC code is used by RBI to keep track of all the bank transactions. It lowers the chances of discrepancy.