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 Nimbawade branch in Agi, Dighanchi, 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 IBKL0SDC062. 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 Nimbawade, Agi
Below in the table are the key details related to IFSC Code IBKL0SDC062 of Idbi Bank for its branch located in Agi, within the district of Dighanchi in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0SDC062 |
| Branch | Sangli Dcc Bank Ltd,Sangli Nimbawade |
| City | Agi |
| District | Dighanchi |
| State | Maharashtra |
| Address | A/P Nimbvade Tal -Atapadi Dist -Sangli |
These details help 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 IBKL0SDC062 for the Sangli Dcc Bank Ltd,Sangli Nimbawade branch of Idbi Bank has a very 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 Nimbawade, Agi, Maharashtra, is provided with a unique IFSC like IBKL0SDC062 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 Dighanchi.
- 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 Nimbawade do not get mixed with another location.
Format of the IFSC Code IBKL0SDC062
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): These represent the bank code. In Idbi Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Sangli Dcc Bank Ltd,Sangli Nimbawade in Agi.
For example, the IFSC Code IBKL0SDC062 of Idbi Bank for the Sangli Dcc Bank Ltd,Sangli Nimbawade branch has 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 trying to find the IFSC Code IBKL0SDC062 of Idbi Bank for its Sangli Dcc Bank Ltd,Sangli Nimbawade 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 Dighanchi, 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 Nimbawade or Agi to get the exact IFSC Code IBKL0SDC062.
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 IBKL0SDC062 for Online Transfers?
Once you have the IFSC Code IBKL0SDC062 for the Sangli Dcc Bank Ltd,Sangli Nimbawade 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 IBKL0SDC062. 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 IBKL0SDC062.
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 Nimbawade 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 Nimbawade, 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 IBKL0SDC062.
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 Nimbvade Tal -Atapadi Dist -Sangli located in Agi, Dighanchi, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.