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 The Co Operative Bank Of Rajkot Ltd K K Nagar branch in Ahmedabad, Ahmedabad, Gujarat, 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 Ahmedabad or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code IBKL0119R14. 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, The Co Operative Bank Of Rajkot Ltd K K Nagar, Ahmedabad
Here are some of the key details that come with the IFSC Code IBKL0119R14 of Idbi Bank for its branch located in Ahmedabad, within the district of Ahmedabad in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0119R14 |
| Branch | The Co Operative Bank Of Rajkot Ltd K K Nagar |
| City | Ahmedabad |
| District | Ahmedabad |
| State | Gujarat |
| Address | 31,Vidhata Society,Opp K K Nagar,Ghatiodiya Road,Ahmedabad - 380061 |
These details helps users in online banking and for businesses and individuals who use Idbi Bank in Ahmedabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0119R14 for the The Co Operative Bank Of Rajkot Ltd K K Nagar branch of Idbi Bank plays a vital 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, along with Idbi Bank located in The Co Operative Bank Of Rajkot Ltd K K Nagar, Ahmedabad, Gujarat, are given a unique IFSC like IBKL0119R14 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Ahmedabad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Ahmedabad and Ahmedabad.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Idbi Bank in The Co Operative Bank Of Rajkot Ltd K K Nagar goes to the correct branch. This is important because Idbi Bank has thousands of branches in Gujarat and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code IBKL0119R14
This is the format of the IFSC Code for banks, including Idbi Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Idbi Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as The Co Operative Bank Of Rajkot Ltd K K Nagar in Ahmedabad.
For example, the IFSC Code IBKL0119R14 of Idbi Bank for the The Co Operative Bank Of Rajkot Ltd K K Nagar branch includes these elements, identifying the bank and the branch location in Ahmedabad and Gujarat accurately.
How to Find IFSC Code for Idbi Bank?
To find the IFSC Code IBKL0119R14 of Idbi Bank for its The Co Operative Bank Of Rajkot Ltd K K Nagar branch located in Ahmedabad, the following methods can help you out:
Cheque Book
The cheque book issued by Idbi Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Idbi Bank branches in Ahmedabad and Ahmedabad, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Idbi Bank and go to the branch locator section. Then search for The Co Operative Bank Of Rajkot Ltd K K Nagar or Ahmedabad to find the exact IFSC Code IBKL0119R14.
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 maintains an updated database of all IFSC codes. Searching for Idbi Bank and Ahmedabad will provide accurate information.
How to Use IFSC Code IBKL0119R14 for Online Transfers?
Once you have the IFSC Code IBKL0119R14 for the The Co Operative Bank Of Rajkot Ltd K K Nagar branch of Idbi Bank in Ahmedabad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IBKL0119R14. 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 IBKL0119R14.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Idbi Bank The Co Operative Bank Of Rajkot Ltd K K Nagar in Ahmedabad, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Idbi Bank in The Co Operative Bank Of Rajkot Ltd K K Nagar, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Idbi Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Ahmedabad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the The Co Operative Bank Of Rajkot Ltd K K Nagar Ahmedabad branch is IBKL0119R14.
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 31,Vidhata Society,Opp K K Nagar,Ghatiodiya Road,Ahmedabad - 380061.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.