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 Gaonbhag Sangli branch in Agi, Sangli, 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 IBKL0SDC042. 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 Gaonbhag Sangli, Agi
Here are some of the key details that come with the IFSC Code IBKL0SDC042 of Idbi Bank for its branch located in Agi, within the district of Sangli in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0SDC042 |
| Branch | Sangli Dcc Bank Ltd,Sangli Gaonbhag Sangli |
| City | Agi |
| District | Sangli |
| State | Maharashtra |
| Address | A/P Gaonbhag Tal - Miraj Dist -Sangli |
These details helps users in online banking and for businesses and individuals who use Idbi Bank in Agi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0SDC042 for the Sangli Dcc Bank Ltd,Sangli Gaonbhag Sangli branch of Idbi Bank plays a vital 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, along with Idbi Bank located in Sangli Dcc Bank Ltd,Sangli Gaonbhag Sangli, Agi, Maharashtra, are allotted a unique IFSC like IBKL0SDC042 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Agi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Agi and Sangli.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Idbi Bank in Sangli Dcc Bank Ltd,Sangli Gaonbhag Sangli reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code IBKL0SDC042
The format of the IFSC Code for banks, including Idbi Bank, has 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 Gaonbhag Sangli in Agi.
For example, the IFSC Code IBKL0SDC042 of Idbi Bank for the Sangli Dcc Bank Ltd,Sangli Gaonbhag Sangli branch includes these elements, identifying the bank and the branch location in Agi and Maharashtra correctly.
How to Find IFSC Code for Idbi Bank?
If you are looking for the IFSC Code IBKL0SDC042 of Idbi Bank for its Sangli Dcc Bank Ltd,Sangli Gaonbhag Sangli branch located in Agi, the following methods can help:
Cheque Book
The cheque book that is issued by Idbi Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Idbi Bank branches in Agi and Sangli, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Idbi Bank and look for the branch locator section, then search for Sangli Dcc Bank Ltd,Sangli Gaonbhag Sangli or Agi to get the exact IFSC Code IBKL0SDC042.
Mobile Banking App
If you use Idbi Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Idbi Bank and Agi, then it will provide you proper information.
How to Use IFSC Code IBKL0SDC042 for Online Transfers?
If you have the IFSC Code IBKL0SDC042 for the Sangli Dcc Bank Ltd,Sangli Gaonbhag Sangli branch of Idbi Bank in Agi, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IBKL0SDC042. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Asks for the recipient's account details and Idbi Bank IFSC Code IBKL0SDC042.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Idbi Bank Sangli Dcc Bank Ltd,Sangli Gaonbhag Sangli in Agi, it may 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 Gaonbhag Sangli, 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 is IBKL0SDC042.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is A/P Gaonbhag Tal - Miraj Dist -Sangli located in Agi, Sangli, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.