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 M.Y.Miraj branch in Agi, Miraj, 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 IBKL0SDC060. 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 M.Y.Miraj, Agi
Here are some of the key details that come with the IFSC Code IBKL0SDC060 of Idbi Bank for its branch located in Agi, within the district of Miraj in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0SDC060 |
| Branch | Sangli Dcc Bank Ltd,Sangli M.Y.Miraj |
| City | Agi |
| District | Miraj |
| State | Maharashtra |
| Address | A/P M.Y.Miraj 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 IBKL0SDC060 for the Sangli Dcc Bank Ltd,Sangli M.Y.Miraj 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 provided by the Reserve Bank of India. Every bank branch, including Idbi Bank located in Sangli Dcc Bank Ltd,Sangli M.Y.Miraj, Agi, Maharashtra, is provided with a unique IFSC like IBKL0SDC060 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 Miraj.
- 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 M.Y.Miraj do not get mixed with another location.
Format of the IFSC Code IBKL0SDC060
The format of the IFSC Code for banks, including Idbi Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Idbi Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Sangli Dcc Bank Ltd,Sangli M.Y.Miraj in Agi.
For example, the IFSC Code IBKL0SDC060 of Idbi Bank for the Sangli Dcc Bank Ltd,Sangli M.Y.Miraj 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 IBKL0SDC060 of Idbi Bank for its Sangli Dcc Bank Ltd,Sangli M.Y.Miraj branch located in Agi, the following methods can help:
Cheque Book
The cheque books that are issued by Idbi Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Idbi Bank branches in Agi and Miraj, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Idbi Bank and find the branch locator section. Search for Sangli Dcc Bank Ltd,Sangli M.Y.Miraj or Agi to get the exact IFSC Code IBKL0SDC060.
Mobile Banking App
If you use Idbi Bank's mobile app, you can easily 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 to help you in searching for Idbi Bank and Agi that will provide accurate information.
How to Use IFSC Code IBKL0SDC060 for Online Transfers?
If you have the IFSC Code IBKL0SDC060 for the Sangli Dcc Bank Ltd,Sangli M.Y.Miraj 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 IBKL0SDC060. 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 IBKL0SDC060.
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 M.Y.Miraj 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 M.Y.Miraj, 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 IBKL0SDC060.
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 M.Y.Miraj Tal -Miraj Dist -Sangli located in Agi, Miraj, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.