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 Yelavi branch in Agi, Yalavi, 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 IBKL0SDC045. 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 Yelavi, Agi

Here are some of the key details that come with the IFSC Code IBKL0SDC045 of Idbi Bank for its branch located in Agi, within the district of Yalavi in the state of Maharashtra.

Particulars Details
Bank Idbi Bank
IFSC Code IBKL0SDC045
Branch Sangli Dcc Bank Ltd,Sangli Yelavi
City Agi
District Yalavi
State Maharashtra
Address A/P Yelavi Tal - Tasgaon 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 IBKL0SDC045 for the Sangli Dcc Bank Ltd,Sangli Yelavi 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 Yelavi, Agi, Maharashtra, is provided with a unique IFSC like IBKL0SDC045 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 Yalavi.
  • 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 Yelavi do not get mixed with another location.

Format of the IFSC Code IBKL0SDC045

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 Yelavi in Agi.

For example, the IFSC Code IBKL0SDC045 of Idbi Bank for the Sangli Dcc Bank Ltd,Sangli Yelavi 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 looking for the IFSC Code IBKL0SDC045 of Idbi Bank for its Sangli Dcc Bank Ltd,Sangli Yelavi 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 Yalavi, 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 Yelavi or Agi to get the exact IFSC Code IBKL0SDC045.

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 IBKL0SDC045 for Online Transfers?

If you have the IFSC Code IBKL0SDC045 for the Sangli Dcc Bank Ltd,Sangli Yelavi 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 IBKL0SDC045. 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 IBKL0SDC045.

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 Yelavi 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 Yelavi, 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)

What is the IFSC Code of Idbi Bank in Sangli Dcc Bank Ltd,Sangli Yelavi, Agi?

The IFSC Code is IBKL0SDC045.

Is the IFSC Code IBKL0SDC045 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Idbi Bank Sangli Dcc Bank Ltd,Sangli Yelavi?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Sangli Dcc Bank Ltd,Sangli Yelavi branch?

The address of the branch is A/P Yelavi Tal - Tasgaon Dist -Sangli located in Agi, Yalavi, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.