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 Naranpura 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 IBKL0119R12. 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 Naranpura, Ahmedabad
Below in the table are the key details related to IFSC Code IBKL0119R12 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 | IBKL0119R12 |
| Branch | The Co Operative Bank Of Rajkot Ltd Naranpura |
| City | Ahmedabad |
| District | Ahmedabad |
| State | Gujarat |
| Address | 2,Amarnath Society,Naranpura Char Rasta,Ahmedabad -380013 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Idbi Bank in Ahmedabad for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0119R12 for the The Co Operative Bank Of Rajkot Ltd Naranpura branch of Idbi Bank has an 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, along with Idbi Bank located in The Co Operative Bank Of Rajkot Ltd Naranpura, Ahmedabad, Gujarat, are given a unique IFSC like IBKL0119R12 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 Naranpura 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 IBKL0119R12
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 The Co Operative Bank Of Rajkot Ltd Naranpura in Ahmedabad.
For example, the IFSC Code IBKL0119R12 of Idbi Bank for the The Co Operative Bank Of Rajkot Ltd Naranpura branch includes these elements, identifying the bank and the branch location in Ahmedabad and Gujarat accurately.
How to Find IFSC Code for Idbi Bank?
If you are trying to find the IFSC Code IBKL0119R12 of Idbi Bank for its The Co Operative Bank Of Rajkot Ltd Naranpura branch located in Ahmedabad, 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 Ahmedabad and Ahmedabad, 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 The Co Operative Bank Of Rajkot Ltd Naranpura or Ahmedabad to get the exact IFSC Code IBKL0119R12.
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 Ahmedabad, you'll get the correct details.
How to Use IFSC Code IBKL0119R12 for Online Transfers?
Once you have the IFSC Code IBKL0119R12 for the The Co Operative Bank Of Rajkot Ltd Naranpura 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 IBKL0119R12. The transfer is completed in batches instead of instantly. It is useful for both 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 IBKL0119R12.
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 Naranpura in Ahmedabad, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Idbi Bank in The Co Operative Bank Of Rajkot Ltd Naranpura, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Ahmedabad manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL0119R12.
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 2,Amarnath Society,Naranpura Char Rasta,Ahmedabad -380013 located in Ahmedabad, Ahmedabad, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.