Reserve bank of India has allotted IFSC codes to all the bank branches in India to easily identify the transactions which are done through a particular branch. IFSC codes are unique 11 digits codes with alphabetic and numeric characters, which are given to all bank branches, and the code won't repeat. It is mandatory to enter IFSC code or MICR codes to identify the branches to perform the cash transactions, without this code the bank branches can't transfer the funds.
These codes helps the users to ensure that the transferred funds receives to the rightful person without any error or concern.
The IFSC code for INDUSTRIAL BANK OF KOREA which is located in OFFICE NO 403 4TH FLOOR WORLDMARK2 ASSET8 HOSPITALITY DISTRICT AEROCITY NEW DELHI 110037 is IBKO0000001.
This IFSC code can be used for online money transaction via NEFT, RTGS and IMPS to any INDUSTRIAL BANK OF KOREA account or to any other bank accounts, Here the first 4 alphabets IBKO indicates the bank name, The fifth digit is 0 [zero] for future use, The last 6 digits indicates 000001 the particular branch of OFFICE NO 403 4TH FLOOR WORLDMARK2 ASSET8 HOSPITALITY DISTRICT AEROCITY NEW DELHI 110037.
IFSC code whose full form is Indian Financial System Code used for online payment applications like RTGS which is Real Time Gross Settlement, NEFT which is National Electronic Funds Transfer, IPM, from one bank to another through IMPS which is electronic Instant Mobile Money transfer Service and CFMS which is Centralized Funds Management System instructed by RBI.
RBI has allotted IFSC codes to all banks in India to find out the branches when money transfer takes place. According to RBI guidelines the IFSC code is mandatory for interbank transfers via NEFT and RTGS to any bank in India, with the help of IFSC codes and MICR codes the online funds transaction are made easily without any confusion. This codes helps to avoid risk factor while sending and receiving funds through banks in our country and it makes sure that the money reaches to the rightful account holder at the specified branch.
Industrial Bank of Korea has a total of 560 branches throughout the nation and there are about 20 international locations in Asia (including China and India), the UK, and the US. In 2018 the bank launched Asset Management Service using Robo- advisor, and later they received Republic of Korea Financial Innovation Award hosted by Money today
The subsidiaries of Industrial Bank of Korea:-
The total net asset value of Industrial Bank of Korea is 361,616,177 in Korean won and INR it is 23386911.19.Rupees.
For further details write or contact to Industrial bank of Korea:-
ADDRESS:
79, Ulchiro, Chung-gu,
Seoul, Korea 100-758.
Contact: +82-31-888-8000 (overseas),
1566-2566 / 1588-2588 (domestic),
Fax: 82-2-729-7003.
Official Website:http://www.ibk.co.kr.
City | Branch | IFSC Code |
---|---|---|
New Delhi | New Delhi Branch | IBKO0000001 |