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 Undirgaon branch in Ahmadnagar, Shrirampur, 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 Ahmadnagar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code IBKL0001309. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Idbi Bank, Undirgaon, Ahmadnagar
Below in the table are the key details related to IFSC Code IBKL0001309 of Idbi Bank for its branch located in Ahmadnagar, within the district of Shrirampur in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0001309 |
| Branch | Undirgaon |
| City | Ahmadnagar |
| District | Shrirampur |
| State | Maharashtra |
| Address | Dudhediya Building Haregaon Main Road A/P Undirgaon Tal Shrirampur, Dist Ahmednagar Pin 413718 |
These details help users in online banking and for businesses and individuals who use Idbi Bank in Ahmadnagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0001309 for the Undirgaon 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Idbi Bank located in Undirgaon, Ahmadnagar, Maharashtra, is provided a unique IFSC like IBKL0001309 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Idbi Bank branch in Ahmadnagar.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Ahmadnagar and Shrirampur.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Idbi Bank in Undirgaon do not get misguided to another person.
Format of the IFSC Code IBKL0001309
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 Undirgaon in Ahmadnagar.
For example, the IFSC Code IBKL0001309 of Idbi Bank for the Undirgaon branch has these elements, identifying the bank and the branch location in Ahmadnagar and Maharashtra correctly.
How to Find IFSC Code for Idbi Bank?
If you are looking for the IFSC Code IBKL0001309 of Idbi Bank for its Undirgaon branch located in Ahmadnagar, 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 Ahmadnagar and Shrirampur, 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 Undirgaon or Ahmadnagar to get the exact IFSC Code IBKL0001309.
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 Ahmadnagar, then it will provide you proper information.
How to Use IFSC Code IBKL0001309 for Online Transfers?
Once you have the IFSC Code IBKL0001309 for the Undirgaon branch of Idbi Bank in Ahmadnagar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IBKL0001309. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 IBKL0001309.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Idbi Bank Undirgaon in Ahmadnagar, your payment can get delayed or might not go through at all.
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 Undirgaon, 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 Ahmadnagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL0001309.
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 Dudhediya Building Haregaon Main Road A/P Undirgaon Tal Shrirampur, Dist Ahmednagar Pin 413718 located in Ahmadnagar, Shrirampur, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.