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 Farrukhabad branch in Farrukhabad, Farrukhabad Fatehgarh, Uttar 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 Farrukhabad or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code IBKL0001317. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Idbi Bank, Farrukhabad, Farrukhabad
Here are the main details that are associated with the IFSC Code IBKL0001317 of Idbi Bank for its branch located in Farrukhabad, within the district of Farrukhabad Fatehgarh in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0001317 |
| Branch | Farrukhabad |
| City | Farrukhabad |
| District | Farrukhabad Fatehgarh |
| State | Uttar Pradesh |
| Address | Idbi Bank Ltd , Near I T I Chauraha Thandi Sarak Farrukhabad Pin -209625 |
These details are essential not only for online banking users but also for businesses and individuals who use Idbi Bank in Farrukhabad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0001317 for the Farrukhabad branch of Idbi Bank plays 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 Farrukhabad, Farrukhabad, Uttar Pradesh, is provided a unique IFSC like IBKL0001317 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Idbi Bank branch in Farrukhabad.
- 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 Farrukhabad and Farrukhabad Fatehgarh.
- 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 Uttar Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Idbi Bank in Farrukhabad do not get misguided to another person.
Format of the IFSC Code IBKL0001317
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 Farrukhabad in Farrukhabad.
For example, the IFSC Code IBKL0001317 of Idbi Bank for the Farrukhabad branch has these elements, identifying the bank and the branch location in Farrukhabad and Uttar Pradesh correctly.
How to Find IFSC Code for Idbi Bank?
To find the IFSC Code IBKL0001317 of Idbi Bank for its Farrukhabad branch located in Farrukhabad, the following methods can help you out:
Cheque Book
The cheque book issued by Idbi Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Idbi Bank branches in Farrukhabad and Farrukhabad Fatehgarh, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Idbi Bank and go to the branch locator section. Then search for Farrukhabad or Farrukhabad to find the exact IFSC Code IBKL0001317.
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 maintains an updated database of all IFSC codes. Searching for Idbi Bank and Farrukhabad will provide accurate information.
How to Use IFSC Code IBKL0001317 for Online Transfers?
Once you have the IFSC Code IBKL0001317 for the Farrukhabad branch of Idbi Bank in Farrukhabad, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IBKL0001317. 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 IBKL0001317.
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 Farrukhabad in Farrukhabad, it can 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 Farrukhabad, 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 Farrukhabad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Farrukhabad Farrukhabad branch is IBKL0001317.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Idbi Bank Ltd , Near I T I Chauraha Thandi Sarak Farrukhabad Pin -209625.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.