Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Idbi Bank for its Bathua Bazar branch in Gopalganj, Bathua Bazar, or Bihar, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Idbi Bank located in Gopalganj or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code IBKL0001376. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Idbi Bank, Bathua Bazar, Gopalganj

Here are some of the key details that come with the IFSC Code IBKL0001376 of Idbi Bank for its branch located in Gopalganj, within the district of Bathua Bazar in the state of Bihar.

Particulars Details
Bank Idbi Bank
IFSC Code IBKL0001376
Branch Bathua Bazar
City Gopalganj
District Bathua Bazar
State Bihar
Address Near Post Office,Main Road,Bathua Bazar,Gopalganj 841525

These details are crucial, not just for online banking users but also for businesses and individuals who use Idbi Bank in Gopalganj for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0001376 for the Bathua Bazar branch of Idbi Bank has an important role.

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 IBKL0001376 is given to every bank branch, including Idbi Bank located in Bathua Bazar, Gopalganj, Bihar, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Idbi Bank branch in Gopalganj.
  • 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 Gopalganj and Bathua Bazar.
  • 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 Bihar and the rest of India, which is why the IFSC Code ensures that transactions meant for Idbi Bank in Bathua Bazar doesn't end up at another location.

Format of the IFSC Code IBKL0001376

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 Bathua Bazar in Gopalganj.

For example, the IFSC Code IBKL0001376 of Idbi Bank for the Bathua Bazar branch has these elements, identifying the bank and the branch location in Gopalganj and Bihar correctly.

How to Find IFSC Code for Idbi Bank?

To find the IFSC Code IBKL0001376 of Idbi Bank for its Bathua Bazar branch located in Gopalganj, 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 Gopalganj and Bathua Bazar, 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 Bathua Bazar or Gopalganj to find the exact IFSC Code IBKL0001376.

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 Gopalganj will provide accurate information.

How to Use IFSC Code IBKL0001376 for Online Transfers?

If you have the IFSC Code IBKL0001376 for the Bathua Bazar branch of Idbi Bank in Gopalganj, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IBKL0001376. 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 IBKL0001376.

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 Bathua Bazar in Gopalganj, it may 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 Bathua Bazar, 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 Gopalganj manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Idbi Bank Bathua Bazar Gopalganj?

The IFSC Code of the Bathua Bazar Gopalganj branch is IBKL0001376.

Is IFSC Code IBKL0001376 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 Bathua Bazar branch?

The branch is located at Near Post Office,Main Road,Bathua Bazar,Gopalganj 841525.

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.