For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Idbi Bank for its Sangli Dcc Bank Ltd,Sangli Bhose branch in Agi, Bhose, Maharashtra, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly 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 IBKL0SDC058. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Idbi Bank, Sangli Dcc Bank Ltd,Sangli Bhose, Agi
The table below shows the main details of the IFSC Code IBKL0SDC058 for the Idbi Bank branch in Agi, which falls under the Bhose district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0SDC058 |
| Branch | Sangli Dcc Bank Ltd,Sangli Bhose |
| City | Agi |
| District | Bhose |
| State | Maharashtra |
| Address | A/P Bhose Tal -Miraj Dist -Sangli |
These details are important not only for users using online banking but also for businesses and individuals who use Idbi Bank in Agi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code IBKL0SDC058 for the Sangli Dcc Bank Ltd,Sangli Bhose branch of Idbi Bank is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like IBKL0SDC058 is given to every bank branch, including Idbi Bank located in Sangli Dcc Bank Ltd,Sangli Bhose, Agi, Maharashtra, to make sure that online payments reach the right place.
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 kind of confusion between multiple branches of the same bank across different places like Agi and Bhose.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Idbi Bank in Sangli Dcc Bank Ltd,Sangli Bhose doesn't end up at another location.
Format of the IFSC Code IBKL0SDC058
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): Show the bank code. For Idbi Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Sangli Dcc Bank Ltd,Sangli Bhose in Agi.
For example, the IFSC Code IBKL0SDC058 of Idbi Bank for the Sangli Dcc Bank Ltd,Sangli Bhose branch includes these elements, identifying the bank and the branch location in Agi and Maharashtra accurately.
How to Find IFSC Code for Idbi Bank?
If you are trying to find the IFSC Code IBKL0SDC058 of Idbi Bank for its Sangli Dcc Bank Ltd,Sangli Bhose branch located in Agi, the following methods can help:
Cheque Book
The cheque book issued by Idbi Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Idbi Bank branches in Agi and Bhose, print them on the first page of your passbook.
Bank Website
Visit the official website of Idbi Bank and navigate to the branch locator section. Search for Sangli Dcc Bank Ltd,Sangli Bhose or Agi to get the exact IFSC Code IBKL0SDC058.
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 keeps an updated list of all IFSC codes. If you search for Idbi Bank and Agi, you'll get the correct details.
How to Use IFSC Code IBKL0SDC058 for Online Transfers?
Once you have the IFSC Code IBKL0SDC058 for the Sangli Dcc Bank Ltd,Sangli Bhose 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 IBKL0SDC058. 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 IBKL0SDC058.
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 Bhose 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 Bhose, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Agi manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL0SDC058.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is A/P Bhose Tal -Miraj Dist -Sangli located in Agi, Bhose, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.