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 The Bellary District Co-Op. Central Bank Ltd, Ho Hospet Tungabhadra Dam Branch branch in Bellary, Hospet, Karnataka, 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 Bellary or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code IBKL01039B5. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Idbi Bank, The Bellary District Co-Op. Central Bank Ltd, Ho Hospet Tungabhadra Dam Branch, Bellary
The table below shows the main details of the IFSC Code IBKL01039B5 for the Idbi Bank branch in Bellary, which falls under the Hospet district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL01039B5 |
| Branch | The Bellary District Co-Op. Central Bank Ltd, Ho Hospet Tungabhadra Dam Branch |
| City | Bellary |
| District | Hospet |
| State | Karnataka |
| Address | The Bellary District Co-Op.Central Bank Ltd Tungabhadra Dam,Sri Bala Murugan Temple,Nishani Camp,Tungabhadra Dam,Hospet-(Tq),Bellary ( Dist ) Pin Code-583214 |
These details are essential not only for online banking users but also for businesses and individuals who use Idbi Bank in Bellary for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL01039B5 for the The Bellary District Co-Op. Central Bank Ltd, Ho Hospet Tungabhadra Dam Branch 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 provided by the Reserve Bank of India. Every bank branch, along with Idbi Bank located in The Bellary District Co-Op. Central Bank Ltd, Ho Hospet Tungabhadra Dam Branch, Bellary, Karnataka, are allotted a unique IFSC like IBKL01039B5 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bellary.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Bellary and Hospet.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Idbi Bank in The Bellary District Co-Op. Central Bank Ltd, Ho Hospet Tungabhadra Dam Branch reaches the right place, even though there are thousands of branches in Karnataka and across India.
Format of the IFSC Code IBKL01039B5
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 The Bellary District Co-Op. Central Bank Ltd, Ho Hospet Tungabhadra Dam Branch in Bellary.
For example, the IFSC Code IBKL01039B5 of Idbi Bank for the The Bellary District Co-Op. Central Bank Ltd, Ho Hospet Tungabhadra Dam Branch branch has these elements, identifying the bank and the branch location in Bellary and Karnataka correctly.
How to Find IFSC Code for Idbi Bank?
To find the IFSC Code IBKL01039B5 of Idbi Bank for its The Bellary District Co-Op. Central Bank Ltd, Ho Hospet Tungabhadra Dam Branch branch located in Bellary, the following methods can help you out:
Cheque Book
The cheque book issued by Idbi Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Idbi Bank branches in Bellary and Hospet, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Idbi Bank and go to the branch locator section. Then search for The Bellary District Co-Op. Central Bank Ltd, Ho Hospet Tungabhadra Dam Branch or Bellary to find the exact IFSC Code IBKL01039B5.
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 maintains an updated database of all IFSC codes. Searching for Idbi Bank and Bellary will provide accurate information.
How to Use IFSC Code IBKL01039B5 for Online Transfers?
Once you have the IFSC Code IBKL01039B5 for the The Bellary District Co-Op. Central Bank Ltd, Ho Hospet Tungabhadra Dam Branch branch of Idbi Bank in Bellary, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IBKL01039B5. 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 IBKL01039B5.
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 Bellary District Co-Op. Central Bank Ltd, Ho Hospet Tungabhadra Dam Branch in Bellary, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Idbi Bank in The Bellary District Co-Op. Central Bank Ltd, Ho Hospet Tungabhadra Dam Branch, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Idbi Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Bellary manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL01039B5.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is The Bellary District Co-Op.Central Bank Ltd Tungabhadra Dam,Sri Bala Murugan Temple,Nishani Camp,Tungabhadra Dam,Hospet-(Tq),Bellary ( Dist ) Pin Code-583214 located in Bellary, Hospet, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.