There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Idbi Bank for its Jaslok Extn Counter branch in Greater Mumbai, Mumbai, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Idbi Bank situated in Greater Mumbai or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code IBKL0000902. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Idbi Bank, Jaslok Extn Counter, Greater Mumbai

Here are the key points that are associated with the IFSC Code IBKL0000902 of Idbi Bank for its branch located in Greater Mumbai, within the district of Mumbai in the state of Maharashtra.

Particulars Details
Bank Idbi Bank
IFSC Code IBKL0000902
Branch Jaslok Extn Counter
City Greater Mumbai
District Mumbai
State Maharashtra
Address Jaslok Hospital, Dr. G. Deshmukh Marg Mumbai - 400 026

These details are crucial, not just for online banking users but also for businesses and individuals who use Idbi Bank in Greater Mumbai for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0000902 for the Jaslok Extn Counter 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 provided by the Reserve Bank of India. Every bank branch, along with Idbi Bank located in Jaslok Extn Counter, Greater Mumbai, Maharashtra, are given a unique IFSC like IBKL0000902 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 Mumbai.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Greater Mumbai 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 helps ensure that any money sent to Idbi Bank in Jaslok Extn Counter goes to the correct branch. This is important because Idbi Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code IBKL0000902

This is the format of the IFSC Code for banks, including Idbi Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Idbi Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Jaslok Extn Counter in Greater Mumbai.

For example, the IFSC Code IBKL0000902 of Idbi Bank for the Jaslok Extn Counter branch includes these elements, identifying the bank and the branch location in Greater Mumbai and Maharashtra accurately.

How to Find IFSC Code for Idbi Bank?

If you are trying to find the IFSC Code IBKL0000902 of Idbi Bank for its Jaslok Extn Counter branch located in Greater Mumbai, 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 Mumbai 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 Jaslok Extn Counter or Greater Mumbai to get the exact IFSC Code IBKL0000902.

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 Mumbai, you'll get the correct details.

How to Use IFSC Code IBKL0000902 for Online Transfers?

If you have the IFSC Code IBKL0000902 for the Jaslok Extn Counter branch of Idbi Bank in Greater Mumbai, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IBKL0000902. 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 IBKL0000902.

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 Jaslok Extn Counter in Greater Mumbai, it may 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 Jaslok Extn Counter, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Greater Mumbai manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Idbi Bank in Jaslok Extn Counter, Greater Mumbai?

The IFSC Code is IBKL0000902.

Is the IFSC Code IBKL0000902 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 Jaslok Extn Counter?

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 Jaslok Extn Counter branch?

The address of the branch is Jaslok Hospital, Dr. G. Deshmukh Marg Mumbai - 400 026 located in Greater Mumbai, Mumbai, Maharashtra.

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.

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