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 Sakwai, Dist- Farrukhabad branch in Farrukhabad, Mohammadabad, 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 IBKL0001425. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Idbi Bank, Sakwai, Dist- Farrukhabad, Farrukhabad

Here are some of the key details that come with the IFSC Code IBKL0001425 of Idbi Bank for its branch located in Farrukhabad, within the district of Mohammadabad in the state of Uttar Pradesh.

Particulars Details
Bank Idbi Bank
IFSC Code IBKL0001425
Branch Sakwai, Dist- Farrukhabad
City Farrukhabad
District Mohammadabad
State Uttar Pradesh
Address Village Sakwai, Post Mohamdabad, Tehsil Sadar, Dist Farrukhabad, Uttar Pradesh. Pin 209651

These details are important not only for users using online banking but also for businesses and individuals who use Idbi Bank in Farrukhabad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code IBKL0001425 for the Sakwai, Dist- Farrukhabad branch of Idbi Bank is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like IBKL0001425 is given to every bank branch, including Idbi Bank located in Sakwai, Dist- Farrukhabad, Farrukhabad, Uttar Pradesh, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Idbi Bank branch in Farrukhabad.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Farrukhabad and Mohammadabad.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Uttar Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Idbi Bank in Sakwai, Dist- Farrukhabad doesn't end up at another location.

Format of the IFSC Code IBKL0001425

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 Sakwai, Dist- Farrukhabad in Farrukhabad.

For example, the IFSC Code IBKL0001425 of Idbi Bank for the Sakwai, Dist- Farrukhabad branch includes these elements, identifying the bank and the branch location in Farrukhabad and Uttar Pradesh accurately.

How to Find IFSC Code for Idbi Bank?

To find the IFSC Code IBKL0001425 of Idbi Bank for its Sakwai, Dist- 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 Mohammadabad, 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 Sakwai, Dist- Farrukhabad or Farrukhabad to find the exact IFSC Code IBKL0001425.

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 IBKL0001425 for Online Transfers?

Once you have the IFSC Code IBKL0001425 for the Sakwai, Dist- Farrukhabad branch of Idbi Bank in Farrukhabad, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code IBKL0001425. 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 IBKL0001425.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Idbi Bank Sakwai, Dist- Farrukhabad in Farrukhabad, your payment can get delayed or might not go through at all.

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 Sakwai, Dist- Farrukhabad, 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 Farrukhabad manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Idbi Bank in Sakwai, Dist- Farrukhabad, Farrukhabad?

The IFSC Code is IBKL0001425.

Is the IFSC Code IBKL0001425 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of Idbi Bank Sakwai, Dist- Farrukhabad?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Sakwai, Dist- Farrukhabad branch?

The address of the branch is Village Sakwai, Post Mohamdabad, Tehsil Sadar, Dist Farrukhabad, Uttar Pradesh. Pin 209651 located in Farrukhabad, Mohammadabad, Uttar Pradesh.

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.