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 Razole branch in East Godavari, Razole, Andhra Pradesh, 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 East Godavari or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code IBKL0001793. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Idbi Bank, Razole, East Godavari

Here are the main details that are associated with the IFSC Code IBKL0001793 of Idbi Bank for its branch located in East Godavari, within the district of Razole in the state of Andhra Pradesh.

Particulars Details
Bank Idbi Bank
IFSC Code IBKL0001793
Branch Razole
City East Godavari
District Razole
State Andhra Pradesh
Address Old Post Office Building,Main Road,Razole,East Godavari Dist,Ap-533242

These details help users in online banking and for businesses and individuals who use Idbi Bank in East Godavari for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0001793 for the Razole 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 Razole, East Godavari, Andhra Pradesh, is provided with a unique IFSC like IBKL0001793 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Idbi Bank branch in East Godavari.
  • 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 East Godavari and Razole.
  • 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 Andhra Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Idbi Bank in Razole do not get mixed with another location.

Format of the IFSC Code IBKL0001793

The format of the IFSC Code for banks, including Idbi Bank, has 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 Razole in East Godavari.

For example, the IFSC Code IBKL0001793 of Idbi Bank for the Razole branch includes these elements, identifying the bank and the branch location in East Godavari and Andhra Pradesh correctly.

How to Find IFSC Code for Idbi Bank?

If you are trying to find the IFSC Code IBKL0001793 of Idbi Bank for its Razole branch located in East Godavari, 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

You can easily find the IFSC and MICR codes because most banks, including Idbi Bank branches in East Godavari and Razole, print them 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 Razole or East Godavari to get the exact IFSC Code IBKL0001793.

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 East Godavari, you'll get the correct details.

How to Use IFSC Code IBKL0001793 for Online Transfers?

Once you have the IFSC Code IBKL0001793 for the Razole branch of Idbi Bank in East Godavari, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IBKL0001793. Transfers are processed in batches. This is 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. Requires the recipient's account details and Idbi Bank IFSC Code IBKL0001793.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Idbi Bank Razole in East Godavari 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 Razole, 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 East Godavari to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Idbi Bank Razole East Godavari?

The IFSC Code of the Razole East Godavari branch is IBKL0001793.

Is IFSC Code IBKL0001793 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Idbi Bank Razole branch?

The branch is located at Old Post Office Building,Main Road,Razole,East Godavari Dist,Ap-533242.

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.