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 Kilpauk branch in Chennai, Chennai, Tamil Nadu, 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 Chennai or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code IBKL0000287. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Idbi Bank, Kilpauk, Chennai
The table below shows the main details of the IFSC Code IBKL0000287 for the Idbi Bank branch in Chennai, which falls under the Chennai district in Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0000287 |
| Branch | Kilpauk |
| City | Chennai |
| District | Chennai |
| State | Tamil Nadu |
| Address | Ground And First Floor, Pattery Balfour Road, Kelleys, Kilpauk, Chennai Tamilnadu 600 010 |
These details help users in online banking and for businesses and individuals who use Idbi Bank in Chennai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0000287 for the Kilpauk 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Idbi Bank located in Kilpauk, Chennai, Tamil Nadu, is provided with a unique IFSC like IBKL0000287 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Idbi Bank branch in Chennai.
- 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 Chennai and Chennai.
- 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 Tamil Nadu and the rest of India and the IFSC Code ensures that transactions meant for Idbi Bank in Kilpauk do not get mixed with another location.
Format of the IFSC Code IBKL0000287
The format of the IFSC Code for banks, including Idbi Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Idbi Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Kilpauk in Chennai.
For example, the IFSC Code IBKL0000287 of Idbi Bank for the Kilpauk branch includes these elements, identifying the bank and the branch location in Chennai and Tamil Nadu accurately.
How to Find IFSC Code for Idbi Bank?
If you are looking for the IFSC Code IBKL0000287 of Idbi Bank for its Kilpauk branch located in Chennai, 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 Chennai and Chennai, 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 Kilpauk or Chennai to get the exact IFSC Code IBKL0000287.
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 Chennai, then it will provide you proper information.
How to Use IFSC Code IBKL0000287 for Online Transfers?
Once you have the IFSC Code IBKL0000287 for the Kilpauk branch of Idbi Bank in Chennai, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IBKL0000287. 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 IBKL0000287.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Idbi Bank Kilpauk in Chennai, your payment can get delayed or might not go through at all.
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 Kilpauk, 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 Chennai manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL0000287.
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 Ground And First Floor, Pattery Balfour Road, Kelleys, Kilpauk, Chennai Tamilnadu 600 010 located in Chennai, Chennai, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.