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 Shri Gurudev Brahmanand Pattana Sahakara Bank Niyamit Rabkavi branch in Bagalkote, Rabkavi Banhatti, Karnataka, 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 Bagalkote or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code IBKL01797GB. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Idbi Bank, Shri Gurudev Brahmanand Pattana Sahakara Bank Niyamit Rabkavi, Bagalkote
Here are the key points that are associated with the IFSC Code IBKL01797GB of Idbi Bank for its branch located in Bagalkote, within the district of Rabkavi Banhatti in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL01797GB |
| Branch | Shri Gurudev Brahmanand Pattana Sahakara Bank Niyamit Rabkavi |
| City | Bagalkote |
| District | Rabkavi Banhatti |
| State | Karnataka |
| Address | No.450,Mahalingapur Road,Rabkavi,Jamkhandi-587314 Bagalkot Dist |
These details helps users in online banking and for businesses and individuals who use Idbi Bank in Bagalkote for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL01797GB for the Shri Gurudev Brahmanand Pattana Sahakara Bank Niyamit Rabkavi 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, including Idbi Bank located in Shri Gurudev Brahmanand Pattana Sahakara Bank Niyamit Rabkavi, Bagalkote, Karnataka, is provided with a unique IFSC like IBKL01797GB to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Idbi Bank branch in Bagalkote.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Bagalkote and Rabkavi Banhatti.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Idbi Bank in Shri Gurudev Brahmanand Pattana Sahakara Bank Niyamit Rabkavi do not get mixed with another location.
Format of the IFSC Code IBKL01797GB
The format of the IFSC Code for banks, including Idbi Bank, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Idbi Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Shri Gurudev Brahmanand Pattana Sahakara Bank Niyamit Rabkavi in Bagalkote.
For example, the IFSC Code IBKL01797GB of Idbi Bank for the Shri Gurudev Brahmanand Pattana Sahakara Bank Niyamit Rabkavi branch includes these elements, identifying the bank and the branch location in Bagalkote and Karnataka correctly.
How to Find IFSC Code for Idbi Bank?
If you are trying to find the IFSC Code IBKL01797GB of Idbi Bank for its Shri Gurudev Brahmanand Pattana Sahakara Bank Niyamit Rabkavi branch located in Bagalkote, 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 Bagalkote and Rabkavi Banhatti, 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 Shri Gurudev Brahmanand Pattana Sahakara Bank Niyamit Rabkavi or Bagalkote to get the exact IFSC Code IBKL01797GB.
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 Bagalkote that will provide accurate information.
How to Use IFSC Code IBKL01797GB for Online Transfers?
Once you have the IFSC Code IBKL01797GB for the Shri Gurudev Brahmanand Pattana Sahakara Bank Niyamit Rabkavi branch of Idbi Bank in Bagalkote, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IBKL01797GB. 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 IBKL01797GB.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Idbi Bank Shri Gurudev Brahmanand Pattana Sahakara Bank Niyamit Rabkavi in Bagalkote, 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 Shri Gurudev Brahmanand Pattana Sahakara Bank Niyamit Rabkavi, 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 Bagalkote manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL01797GB.
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 No.450,Mahalingapur Road,Rabkavi,Jamkhandi-587314 Bagalkot Dist located in Bagalkote, Rabkavi Banhatti, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.