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 Baliapur branch in Dhanbad, Baliapur, Jharkhand, 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 Dhanbad or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code IBKL0001752. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Idbi Bank, Baliapur, Dhanbad

Here are the main details that are associated with the IFSC Code IBKL0001752 of Idbi Bank for its branch located in Dhanbad, within the district of Baliapur in the state of Jharkhand.

Particulars Details
Bank Idbi Bank
IFSC Code IBKL0001752
Branch Baliapur
City Dhanbad
District Baliapur
State Jharkhand
Address Jharia Road,Near Baliapur Thana,Po-Baliapur,Dist-Dhanbad-828201

These details are crucial, not just for online banking users but also for businesses and individuals who use Idbi Bank in Dhanbad for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0001752 for the Baliapur branch of Idbi Bank has an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Idbi Bank located in Baliapur, Dhanbad, Jharkhand, is provided a unique IFSC like IBKL0001752 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Idbi Bank branch in Dhanbad.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Dhanbad and Baliapur.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Jharkhand and the rest of India, the IFSC Code ensures that transactions meant for Idbi Bank in Baliapur do not get misguided to another person.

Format of the IFSC Code IBKL0001752

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 Baliapur in Dhanbad.

For example, the IFSC Code IBKL0001752 of Idbi Bank for the Baliapur branch includes these elements, identifying the bank and the branch location in Dhanbad and Jharkhand accurately.

How to Find IFSC Code for Idbi Bank?

If you are looking for the IFSC Code IBKL0001752 of Idbi Bank for its Baliapur branch located in Dhanbad, 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 Dhanbad and Baliapur, 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 Baliapur or Dhanbad to get the exact IFSC Code IBKL0001752.

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 Dhanbad, then it will provide you proper information.

How to Use IFSC Code IBKL0001752 for Online Transfers?

If you have the IFSC Code IBKL0001752 for the Baliapur branch of Idbi Bank in Dhanbad, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IBKL0001752. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Idbi Bank IFSC Code IBKL0001752.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Idbi Bank Baliapur in Dhanbad, it may 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 Baliapur, 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 Dhanbad manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Idbi Bank in Baliapur, Dhanbad?

The IFSC Code is IBKL0001752.

Is the IFSC Code IBKL0001752 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Idbi Bank Baliapur?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Baliapur branch?

The address of the branch is Jharia Road,Near Baliapur Thana,Po-Baliapur,Dist-Dhanbad-828201 located in Dhanbad, Baliapur, Jharkhand.

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.