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 The Mogaveera Co-Op. Bank Ltd. Andheri West Branch branch in Greater Bombay, Mumbai, Maharashtra, 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 Greater Bombay or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code IBKL0452M53. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Idbi Bank, The Mogaveera Co-Op. Bank Ltd. Andheri West Branch, Greater Bombay
Below in the table are the key details related to IFSC Code IBKL0452M53 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 | IBKL0452M53 |
| Branch | The Mogaveera Co-Op. Bank Ltd. Andheri West Branch |
| City | Greater Bombay |
| District | Mumbai |
| State | Maharashtra |
| Address | Flower Queen,Veera Desai Road,Andheri ( W),Mumbai 400 058 |
These details are essential not only for online banking users but also for businesses and individuals who use Idbi Bank in Greater Bombay for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0452M53 for the The Mogaveera Co-Op. Bank Ltd. Andheri West Branch branch of Idbi Bank plays an 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, including Idbi Bank located in The Mogaveera Co-Op. Bank Ltd. Andheri West Branch, Greater Bombay, Maharashtra, is provided with a unique IFSC like IBKL0452M53 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Idbi Bank branch in Greater Bombay.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Greater Bombay and Mumbai.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Idbi Bank in The Mogaveera Co-Op. Bank Ltd. Andheri West Branch do not get mixed with another location.
Format of the IFSC Code IBKL0452M53
The format of the IFSC Code for banks, including Idbi Bank, has 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 West Branch in Greater Bombay.
For example, the IFSC Code IBKL0452M53 of Idbi Bank for the The Mogaveera Co-Op. Bank Ltd. Andheri West Branch branch includes these elements, identifying the bank and the branch location in Greater Bombay and Maharashtra correctly.
How to Find IFSC Code for Idbi Bank?
If you are trying to find the IFSC Code IBKL0452M53 of Idbi Bank for its The Mogaveera Co-Op. Bank Ltd. Andheri West Branch branch located in Greater Bombay, the following methods can help:
Cheque Book
The cheque book issued by Idbi Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Idbi Bank branches in Greater Bombay and Mumbai, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Idbi Bank and navigate to the branch locator section. Search for The Mogaveera Co-Op. Bank Ltd. Andheri West Branch or Greater Bombay to get the exact IFSC Code IBKL0452M53.
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 keeps an updated list of all IFSC codes. If you search for Idbi Bank and Greater Bombay, you'll get the correct details.
How to Use IFSC Code IBKL0452M53 for Online Transfers?
If you have the IFSC Code IBKL0452M53 for the The Mogaveera Co-Op. Bank Ltd. Andheri West 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 IBKL0452M53. 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 IBKL0452M53.
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 West Branch in Greater Bombay, 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 The Mogaveera Co-Op. Bank Ltd. Andheri West Branch, 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 Greater Bombay manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL0452M53.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Flower Queen,Veera Desai Road,Andheri ( W),Mumbai 400 058 located in Greater Bombay, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.