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 Pasighat branch in East Siang, Pasighat, Arunachal Pradesh, 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 East Siang or anywhere in Arunachal Pradesh can transfer funds instantly by using the correct IFSC Code IBKL0002220. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Idbi Bank, Pasighat, East Siang

Here are the key points that are associated with the IFSC Code IBKL0002220 of Idbi Bank for its branch located in East Siang, within the district of Pasighat in the state of Arunachal Pradesh.

Particulars Details
Bank Idbi Bank
IFSC Code IBKL0002220
Branch Pasighat
City East Siang
District Pasighat
State Arunachal Pradesh
Address Nt1Tfoorove7Thhevenmnmretpghtpn791102

These details help users in online banking and for businesses and individuals who use Idbi Bank in East Siang for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0002220 for the Pasighat 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, along with Idbi Bank located in Pasighat, East Siang, Arunachal Pradesh, are given a unique IFSC like IBKL0002220 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in East Siang.
  • 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 East Siang and Pasighat.
  • 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 Pasighat goes to the correct branch. This is important because Idbi Bank has thousands of branches in Arunachal Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code IBKL0002220

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 Pasighat in East Siang.

For example, the IFSC Code IBKL0002220 of Idbi Bank for the Pasighat branch has these elements, identifying the bank and the branch location in East Siang and Arunachal Pradesh correctly.

How to Find IFSC Code for Idbi Bank?

If you are trying to find the IFSC Code IBKL0002220 of Idbi Bank for its Pasighat branch located in East Siang, the following methods can help:

Cheque Book

The cheque books that are issued by Idbi Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Idbi Bank branches in East Siang and Pasighat, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Idbi Bank and find the branch locator section. Search for Pasighat or East Siang to get the exact IFSC Code IBKL0002220.

Mobile Banking App

If you use Idbi Bank's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Idbi Bank and East Siang that will provide accurate information.

How to Use IFSC Code IBKL0002220 for Online Transfers?

Once you have the IFSC Code IBKL0002220 for the Pasighat branch of Idbi Bank in East Siang, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IBKL0002220. 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 IBKL0002220.

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 Pasighat in East Siang, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Idbi Bank in Pasighat, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Idbi Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in East Siang manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Idbi Bank Pasighat East Siang?

The IFSC Code of the Pasighat East Siang branch is IBKL0002220.

Is IFSC Code IBKL0002220 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 Pasighat branch?

The branch is located at Nt1Tfoorove7Thhevenmnmretpghtpn791102.

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.