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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Idbi Bank for its The Mogaveera Co-Op. Bank Ltd. Andheri East Branch branch in Greater Bombay, Mumbai, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Idbi Bank located in Greater Bombay or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code IBKL0452M58. 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, The Mogaveera Co-Op. Bank Ltd. Andheri East Branch, Greater Bombay
Here are the main details that are associated with the IFSC Code IBKL0452M58 of Idbi Bank for its branch located in Greater Bombay, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0452M58 |
| Branch | The Mogaveera Co-Op. Bank Ltd. Andheri East Branch |
| City | Greater Bombay |
| District | Mumbai |
| State | Maharashtra |
| Address | Rebello Heritage,Gundavali Village,Azad Road,Andheri ( Ew),Mumbai -400 069 |
These details help users in online banking and for businesses and individuals who use Idbi Bank in Greater Bombay for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0452M58 for the The Mogaveera Co-Op. Bank Ltd. Andheri East Branch 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 The Mogaveera Co-Op. Bank Ltd. Andheri East Branch, Greater Bombay, Maharashtra, are allotted a unique IFSC like IBKL0452M58 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Greater Bombay.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Greater Bombay and Mumbai.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Idbi Bank in The Mogaveera Co-Op. Bank Ltd. Andheri East Branch reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code IBKL0452M58
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 The Mogaveera Co-Op. Bank Ltd. Andheri East Branch in Greater Bombay.
For example, the IFSC Code IBKL0452M58 of Idbi Bank for the The Mogaveera Co-Op. Bank Ltd. Andheri East Branch branch includes these elements, identifying the bank and the branch location in Greater Bombay and Maharashtra accurately.
How to Find IFSC Code for Idbi Bank?
If you are looking for the IFSC Code IBKL0452M58 of Idbi Bank for its The Mogaveera Co-Op. Bank Ltd. Andheri East Branch branch located in Greater Bombay, the following methods can help:
Cheque Book
The cheque book that is issued by Idbi Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Idbi Bank branches in Greater Bombay and Mumbai, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Idbi Bank and look for the branch locator section, then search for The Mogaveera Co-Op. Bank Ltd. Andheri East Branch or Greater Bombay to get the exact IFSC Code IBKL0452M58.
Mobile Banking App
If you use Idbi Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Idbi Bank and Greater Bombay, then it will provide you proper information.
How to Use IFSC Code IBKL0452M58 for Online Transfers?
If you have the IFSC Code IBKL0452M58 for the The Mogaveera Co-Op. Bank Ltd. Andheri East Branch branch of Idbi Bank in Greater Bombay, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IBKL0452M58. 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 IBKL0452M58.
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 The Mogaveera Co-Op. Bank Ltd. Andheri East Branch in Greater Bombay, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Idbi Bank in The Mogaveera Co-Op. Bank Ltd. Andheri East Branch, here are some of the ways you can get 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.
Knowing both IFSC and MICR code can help account holders in Greater Bombay manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL0452M58.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Rebello Heritage,Gundavali Village,Azad Road,Andheri ( Ew),Mumbai -400 069 located in Greater Bombay, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.