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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Idbi Bank for its Barpeta Road branch in Barpeta, Barpeta Road, or Assam, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Idbi Bank located in Barpeta or anywhere in Assam can transfer funds instantly by using the correct IFSC Code IBKL0001500. 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, Barpeta Road, Barpeta

Here are the key points that are associated with the IFSC Code IBKL0001500 of Idbi Bank for its branch located in Barpeta, within the district of Barpeta Road in the state of Assam.

Particulars Details
Bank Idbi Bank
IFSC Code IBKL0001500
Branch Barpeta Road
City Barpeta
District Barpeta Road
State Assam
Address Navrang Rai Shopping Complex,Digambar Jain Temple Road,Barpeta Road,Assam 781315

These details are essential not only for online banking users but also for businesses and individuals who use Idbi Bank in Barpeta for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0001500 for the Barpeta Road branch of Idbi Bank plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like IBKL0001500 is given to every bank branch, including Idbi Bank located in Barpeta Road, Barpeta, Assam, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Idbi Bank branch in Barpeta.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Barpeta and Barpeta Road.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Assam and the rest of India, which is why the IFSC Code ensures that transactions meant for Idbi Bank in Barpeta Road doesn't end up at another location.

Format of the IFSC Code IBKL0001500

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): 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 Barpeta Road in Barpeta.

For example, the IFSC Code IBKL0001500 of Idbi Bank for the Barpeta Road branch includes these elements, identifying the bank and the branch location in Barpeta and Assam accurately.

How to Find IFSC Code for Idbi Bank?

If you are trying to find the IFSC Code IBKL0001500 of Idbi Bank for its Barpeta Road branch located in Barpeta, 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 Barpeta and Barpeta Road, 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 Barpeta Road or Barpeta to get the exact IFSC Code IBKL0001500.

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 Barpeta that will provide accurate information.

How to Use IFSC Code IBKL0001500 for Online Transfers?

Once you have the IFSC Code IBKL0001500 for the Barpeta Road branch of Idbi Bank in Barpeta, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code IBKL0001500. 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 IBKL0001500.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Idbi Bank Barpeta Road in Barpeta, 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 Barpeta 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 Barpeta to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Idbi Bank Barpeta Road Barpeta?

The IFSC Code of the Barpeta Road Barpeta branch is IBKL0001500.

Is IFSC Code IBKL0001500 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Idbi Bank Barpeta Road branch?

The branch is located at Navrang Rai Shopping Complex,Digambar Jain Temple Road,Barpeta Road,Assam 781315.

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.