Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Idbi Bank for its Khambhat branch in Anand, Khambhat, Gujarat, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Idbi Bank located in Anand or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code IBKL0002216. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Idbi Bank, Khambhat, Anand

Below in the table are the key details related to IFSC Code IBKL0002216 of Idbi Bank for its branch located in Anand, within the district of Khambhat in the state of Gujarat.

Particulars Details
Bank Idbi Bank
IFSC Code IBKL0002216
Branch Khambhat
City Anand
District Khambhat
State Gujarat
Address Siddh Sagar Complex,Shop No Gf A8/P,A-9,A-10,A-13& A-14,Beside Axis Bank,Station Rd,Khambhat-388620

These details help users in online banking and for businesses and individuals who use Idbi Bank in Anand for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0002216 for the Khambhat 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 Khambhat, Anand, Gujarat, is provided a unique IFSC like IBKL0002216 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Idbi Bank branch in Anand.
  • 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 Anand and Khambhat.
  • 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 Gujarat and the rest of India, the IFSC Code ensures that transactions meant for Idbi Bank in Khambhat do not get misguided to another person.

Format of the IFSC Code IBKL0002216

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 Khambhat in Anand.

For example, the IFSC Code IBKL0002216 of Idbi Bank for the Khambhat branch has these elements, identifying the bank and the branch location in Anand and Gujarat correctly.

How to Find IFSC Code for Idbi Bank?

If you are trying to find the IFSC Code IBKL0002216 of Idbi Bank for its Khambhat branch located in Anand, 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

Most banks, including Idbi Bank branches in Anand and Khambhat, print the IFSC and MICR codes 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 Khambhat or Anand to get the exact IFSC Code IBKL0002216.

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 Anand, you'll get the correct details.

How to Use IFSC Code IBKL0002216 for Online Transfers?

Once you have the IFSC Code IBKL0002216 for the Khambhat branch of Idbi Bank in Anand, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IBKL0002216. 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 IBKL0002216.

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 Khambhat in Anand, it can result in delayed or failed transactions.

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 Khambhat, 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 Anand manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Idbi Bank in Khambhat, Anand?

The IFSC Code is IBKL0002216.

Is the IFSC Code IBKL0002216 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Idbi Bank Khambhat?

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

What is the full address of the Khambhat branch?

The address of the branch is Siddh Sagar Complex,Shop No Gf A8/P,A-9,A-10,A-13& A-14,Beside Axis Bank,Station Rd,Khambhat-388620 located in Anand, Khambhat, Gujarat.

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.