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 Kodialbail, Mangalore branch in Dakshin Kannad, Mangalore, 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 Dakshin Kannad or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code IBKL0001117. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Idbi Bank, Kodialbail, Mangalore, Dakshin Kannad
Below in the table are the key details related to IFSC Code IBKL0001117 of Idbi Bank for its branch located in Dakshin Kannad, within the district of Mangalore in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0001117 |
| Branch | Kodialbail, Mangalore |
| City | Dakshin Kannad |
| District | Mangalore |
| State | Karnataka |
| Address | Idbi Bank Ltd, Near Passport Office,Navabharath Circle, Kodialbail, Mangalore- 57500 |
These details are essential not only for online banking users but also for businesses and individuals who use Idbi Bank in Dakshin Kannad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0001117 for the Kodialbail, Mangalore 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 Kodialbail, Mangalore, Dakshin Kannad, Karnataka, are given a unique IFSC like IBKL0001117 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Dakshin Kannad.
- 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 Dakshin Kannad and Mangalore.
- 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 Kodialbail, Mangalore goes to the correct branch. This is important because Idbi Bank has thousands of branches in Karnataka and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code IBKL0001117
This is the format of the IFSC Code for banks, including Idbi Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Idbi Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Kodialbail, Mangalore in Dakshin Kannad.
For example, the IFSC Code IBKL0001117 of Idbi Bank for the Kodialbail, Mangalore branch includes these elements, identifying the bank and the branch location in Dakshin Kannad and Karnataka accurately.
How to Find IFSC Code for Idbi Bank?
If you are trying to find the IFSC Code IBKL0001117 of Idbi Bank for its Kodialbail, Mangalore branch located in Dakshin Kannad, the following methods can help:
Cheque Book
The cheque book issued by Idbi Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Idbi Bank branches in Dakshin Kannad and Mangalore, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Idbi Bank and navigate to the branch locator section. Search for Kodialbail, Mangalore or Dakshin Kannad to get the exact IFSC Code IBKL0001117.
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 keeps an updated list of all IFSC codes. If you search for Idbi Bank and Dakshin Kannad, you'll get the correct details.
How to Use IFSC Code IBKL0001117 for Online Transfers?
Once you have the IFSC Code IBKL0001117 for the Kodialbail, Mangalore branch of Idbi Bank in Dakshin Kannad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IBKL0001117. 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 IBKL0001117.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Idbi Bank Kodialbail, Mangalore in Dakshin Kannad, 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 Kodialbail, Mangalore, 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 Dakshin Kannad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL0001117.
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 Idbi Bank Ltd, Near Passport Office,Navabharath Circle, Kodialbail, Mangalore- 57500 located in Dakshin Kannad, Mangalore, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.