There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Idbi Bank for its Sangli Dcc Bank Ltd,Sangli Morale Rajapur branch in Agi, Palus, Maharashtra, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Idbi Bank situated in Agi or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code IBKL0SDC167. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Idbi Bank, Sangli Dcc Bank Ltd,Sangli Morale Rajapur, Agi
Here are the key points that are associated with the IFSC Code IBKL0SDC167 of Idbi Bank for its branch located in Agi, within the district of Palus in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0SDC167 |
| Branch | Sangli Dcc Bank Ltd,Sangli Morale Rajapur |
| City | Agi |
| District | Palus |
| State | Maharashtra |
| Address | A/P Morale Rajapur Tal -Palus 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 IBKL0SDC167 for the Sangli Dcc Bank Ltd,Sangli Morale Rajapur 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 Morale Rajapur, Agi, Maharashtra, is provided with a unique IFSC like IBKL0SDC167 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 Palus.
- 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 Morale Rajapur do not get mixed with another location.
Format of the IFSC Code IBKL0SDC167
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 Morale Rajapur in Agi.
For example, the IFSC Code IBKL0SDC167 of Idbi Bank for the Sangli Dcc Bank Ltd,Sangli Morale Rajapur 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 IBKL0SDC167 of Idbi Bank for its Sangli Dcc Bank Ltd,Sangli Morale Rajapur 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 Palus, 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 Morale Rajapur or Agi to get the exact IFSC Code IBKL0SDC167.
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 IBKL0SDC167 for Online Transfers?
Once you have the IFSC Code IBKL0SDC167 for the Sangli Dcc Bank Ltd,Sangli Morale Rajapur branch of Idbi Bank in Agi, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IBKL0SDC167. Transfers are processed in batches. This is 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. Requires the recipient's account details and Idbi Bank IFSC Code IBKL0SDC167.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Idbi Bank Sangli Dcc Bank Ltd,Sangli Morale Rajapur in Agi 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 Morale Rajapur, 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 Morale Rajapur Agi branch is IBKL0SDC167.
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 Morale Rajapur Tal -Palus Dist -Sangli.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.