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 Manadur branch in Agi, Arala, 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 IBKL0SDC124. 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 Manadur, Agi
Below in the table are the key details related to IFSC Code IBKL0SDC124 of Idbi Bank for its branch located in Agi, within the district of Arala in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0SDC124 |
| Branch | Sangli Dcc Bank Ltd,Sangli Manadur |
| City | Agi |
| District | Arala |
| State | Maharashtra |
| Address | A/P Mandur Tal -Shirala Dist -Sangli |
These details are crucial, not just for online banking users but also for businesses and individuals who use Idbi Bank in Agi for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0SDC124 for the Sangli Dcc Bank Ltd,Sangli Manadur branch of Idbi Bank has 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 Manadur, Agi, Maharashtra, is provided with a unique IFSC like IBKL0SDC124 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 Arala.
- 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 Manadur do not get mixed with another location.
Format of the IFSC Code IBKL0SDC124
This is the format of the IFSC Code for banks, including Idbi Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Idbi Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Sangli Dcc Bank Ltd,Sangli Manadur in Agi.
For example, the IFSC Code IBKL0SDC124 of Idbi Bank for the Sangli Dcc Bank Ltd,Sangli Manadur 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 IBKL0SDC124 of Idbi Bank for its Sangli Dcc Bank Ltd,Sangli Manadur 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
Most banks, including Idbi Bank branches in Agi and Arala, print the IFSC and MICR codes 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 Manadur or Agi to get the exact IFSC Code IBKL0SDC124.
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 IBKL0SDC124 for Online Transfers?
Once you have the IFSC Code IBKL0SDC124 for the Sangli Dcc Bank Ltd,Sangli Manadur branch of Idbi Bank in Agi, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IBKL0SDC124. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Idbi Bank IFSC Code IBKL0SDC124.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Idbi Bank Sangli Dcc Bank Ltd,Sangli Manadur in Agi, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Idbi Bank in Sangli Dcc Bank Ltd,Sangli Manadur, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Agi manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL0SDC124.
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 Mandur Tal -Shirala Dist -Sangli located in Agi, Arala, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.