The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Idbi Bank for its Sangli Dcc Bank Ltd,Sangli Basargi branch in Agi, Billur, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Idbi Bank located in Agi or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code IBKL0SDC121. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Idbi Bank, Sangli Dcc Bank Ltd,Sangli Basargi, Agi
Below in the table are the key details related to IFSC Code IBKL0SDC121 of Idbi Bank for its branch located in Agi, within the district of Billur in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0SDC121 |
| Branch | Sangli Dcc Bank Ltd,Sangli Basargi |
| City | Agi |
| District | Billur |
| State | Maharashtra |
| Address | A/P Basargi Tal -Jath Dist -Sangli |
These details are essential not only for online banking users but also for businesses and individuals who use Idbi Bank in Agi for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0SDC121 for the Sangli Dcc Bank Ltd,Sangli Basargi branch of Idbi Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Idbi Bank located in Sangli Dcc Bank Ltd,Sangli Basargi, Agi, Maharashtra, is provided with a unique IFSC like IBKL0SDC121 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Idbi Bank branch in Agi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Agi and Billur.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Idbi Bank in Sangli Dcc Bank Ltd,Sangli Basargi do not get mixed with another location.
Format of the IFSC Code IBKL0SDC121
The format of the IFSC Code for banks, including Idbi Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Idbi Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Sangli Dcc Bank Ltd,Sangli Basargi in Agi.
For example, the IFSC Code IBKL0SDC121 of Idbi Bank for the Sangli Dcc Bank Ltd,Sangli Basargi branch has these elements, identifying the bank and the branch location in Agi and Maharashtra correctly.
How to Find IFSC Code for Idbi Bank?
To find the IFSC Code IBKL0SDC121 of Idbi Bank for its Sangli Dcc Bank Ltd,Sangli Basargi branch located in Agi, the following methods can help you out:
Cheque Book
The cheque book issued by Idbi Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Idbi Bank branches in Agi and Billur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Idbi Bank and go to the branch locator section. Then search for Sangli Dcc Bank Ltd,Sangli Basargi or Agi to find the exact IFSC Code IBKL0SDC121.
Mobile Banking App
If you use Idbi Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for Idbi Bank and Agi will provide accurate information.
How to Use IFSC Code IBKL0SDC121 for Online Transfers?
Once you have the IFSC Code IBKL0SDC121 for the Sangli Dcc Bank Ltd,Sangli Basargi branch of Idbi Bank in Agi, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IBKL0SDC121. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Idbi Bank IFSC Code IBKL0SDC121.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Idbi Bank Sangli Dcc Bank Ltd,Sangli Basargi in Agi, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Idbi Bank in Sangli Dcc Bank Ltd,Sangli Basargi, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Idbi Bank website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Agi to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Sangli Dcc Bank Ltd,Sangli Basargi Agi branch is IBKL0SDC121.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at A/P Basargi Tal -Jath Dist -Sangli.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.