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 Pithoragarh Zila Sahkari Bank branch in Champawat, Tanakpur, Uttarakhand, 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 Champawat or anywhere in Uttarakhand can transfer funds instantly by using the correct IFSC Code IBKL0768P19. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Idbi Bank, Pithoragarh Zila Sahkari Bank, Champawat
Here are the main details that are associated with the IFSC Code IBKL0768P19 of Idbi Bank for its branch located in Champawat, within the district of Tanakpur in the state of Uttarakhand.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0768P19 |
| Branch | Pithoragarh Zila Sahkari Bank |
| City | Champawat |
| District | Tanakpur |
| State | Uttarakhand |
| Address | Sarda Complex, Main Market Tanakpur |
These details are essential not only for online banking users but also for businesses and individuals who use Idbi Bank in Champawat for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0768P19 for the Pithoragarh Zila Sahkari Bank 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 Pithoragarh Zila Sahkari Bank, Champawat, Uttarakhand, are given a unique IFSC like IBKL0768P19 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Champawat.
- 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 Champawat and Tanakpur.
- 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 Pithoragarh Zila Sahkari Bank goes to the correct branch. This is important because Idbi Bank has thousands of branches in Uttarakhand and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code IBKL0768P19
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 Pithoragarh Zila Sahkari Bank in Champawat.
For example, the IFSC Code IBKL0768P19 of Idbi Bank for the Pithoragarh Zila Sahkari Bank branch has these elements, identifying the bank and the branch location in Champawat and Uttarakhand correctly.
How to Find IFSC Code for Idbi Bank?
If you are looking for the IFSC Code IBKL0768P19 of Idbi Bank for its Pithoragarh Zila Sahkari Bank branch located in Champawat, the following methods can help:
Cheque Book
The cheque book that is issued by Idbi Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Idbi Bank branches in Champawat and Tanakpur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Idbi Bank and look for the branch locator section, then search for Pithoragarh Zila Sahkari Bank or Champawat to get the exact IFSC Code IBKL0768P19.
Mobile Banking App
If you use Idbi Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Idbi Bank and Champawat, then it will provide you proper information.
How to Use IFSC Code IBKL0768P19 for Online Transfers?
Once you have the IFSC Code IBKL0768P19 for the Pithoragarh Zila Sahkari Bank branch of Idbi Bank in Champawat, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IBKL0768P19. 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 IBKL0768P19.
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 Pithoragarh Zila Sahkari Bank in Champawat, 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 Pithoragarh Zila Sahkari Bank, 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 Champawat to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL0768P19.
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 Sarda Complex, Main Market Tanakpur located in Champawat, Tanakpur, Uttarakhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.