For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Idbi Bank for its Jijau Commercial Coop Bank, Kathora Road branch in Amravati, Amravati, Maharashtra, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Idbi Bank located in Amravati or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code IBKL0JCB007. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Idbi Bank, Jijau Commercial Coop Bank, Kathora Road, Amravati
Here are the key points that are associated with the IFSC Code IBKL0JCB007 of Idbi Bank for its branch located in Amravati, within the district of Amravati in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0JCB007 |
| Branch | Jijau Commercial Coop Bank, Kathora Road |
| City | Amravati |
| District | Amravati |
| State | Maharashtra |
| Address | Jai Amba Sankul,Kathora Road |
These details helps users in online banking and for businesses and individuals who use Idbi Bank in Amravati for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0JCB007 for the Jijau Commercial Coop Bank, Kathora Road 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 Jijau Commercial Coop Bank, Kathora Road, Amravati, Maharashtra, are given a unique IFSC like IBKL0JCB007 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Amravati.
- 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 Amravati and Amravati.
- 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 Jijau Commercial Coop Bank, Kathora Road goes to the correct branch. This is important because Idbi Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code IBKL0JCB007
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 Jijau Commercial Coop Bank, Kathora Road in Amravati.
For example, the IFSC Code IBKL0JCB007 of Idbi Bank for the Jijau Commercial Coop Bank, Kathora Road branch has these elements, identifying the bank and the branch location in Amravati and Maharashtra correctly.
How to Find IFSC Code for Idbi Bank?
If you are trying to find the IFSC Code IBKL0JCB007 of Idbi Bank for its Jijau Commercial Coop Bank, Kathora Road branch located in Amravati, the following methods can help:
Cheque Book
The cheque books that are issued by Idbi Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Idbi Bank branches in Amravati and Amravati, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Idbi Bank and find the branch locator section. Search for Jijau Commercial Coop Bank, Kathora Road or Amravati to get the exact IFSC Code IBKL0JCB007.
Mobile Banking App
If you use Idbi Bank's mobile app, you can easily 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 to help you in searching for Idbi Bank and Amravati that will provide accurate information.
How to Use IFSC Code IBKL0JCB007 for Online Transfers?
Once you have the IFSC Code IBKL0JCB007 for the Jijau Commercial Coop Bank, Kathora Road branch of Idbi Bank in Amravati, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IBKL0JCB007. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Idbi Bank IFSC Code IBKL0JCB007.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Idbi Bank Jijau Commercial Coop Bank, Kathora Road in Amravati, it can 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 Jijau Commercial Coop Bank, Kathora Road, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Amravati to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Jijau Commercial Coop Bank, Kathora Road Amravati branch is IBKL0JCB007.
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 Jai Amba Sankul,Kathora Road.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.