The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Idbi Bank for its The Gumla Simdega Coop Bank Ltd branch in Gumla, Gumla, Jharkhand, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Idbi Bank located in Gumla or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code IBKL01259GB. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Idbi Bank, The Gumla Simdega Coop Bank Ltd, Gumla
The table below shows the main details of the IFSC Code IBKL01259GB for the Idbi Bank branch in Gumla, which falls under the Gumla district in Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL01259GB |
| Branch | The Gumla Simdega Coop Bank Ltd |
| City | Gumla |
| District | Gumla |
| State | Jharkhand |
| Address | Jaspur Road, Gumla, At Po Dist Gumla 835207 |
These details helps users in online banking and for businesses and individuals who use Idbi Bank in Gumla for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL01259GB for the The Gumla Simdega Coop Bank Ltd branch of Idbi Bank plays a vital 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 Gumla Simdega Coop Bank Ltd, Gumla, Jharkhand, are allotted a unique IFSC like IBKL01259GB to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Gumla.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Gumla and Gumla.
- 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 Gumla Simdega Coop Bank Ltd reaches the right place, even though there are thousands of branches in Jharkhand and across India.
Format of the IFSC Code IBKL01259GB
The format of the IFSC Code for banks, including Idbi Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Idbi Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as The Gumla Simdega Coop Bank Ltd in Gumla.
For example, the IFSC Code IBKL01259GB of Idbi Bank for the The Gumla Simdega Coop Bank Ltd branch includes these elements, identifying the bank and the branch location in Gumla and Jharkhand accurately.
How to Find IFSC Code for Idbi Bank?
If you are trying to find the IFSC Code IBKL01259GB of Idbi Bank for its The Gumla Simdega Coop Bank Ltd branch located in Gumla, 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 Gumla and Gumla, 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 Gumla Simdega Coop Bank Ltd or Gumla to get the exact IFSC Code IBKL01259GB.
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 Gumla, you'll get the correct details.
How to Use IFSC Code IBKL01259GB for Online Transfers?
If you have the IFSC Code IBKL01259GB for the The Gumla Simdega Coop Bank Ltd branch of Idbi Bank in Gumla, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IBKL01259GB. 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 IBKL01259GB.
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 Gumla Simdega Coop Bank Ltd in Gumla, 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 Gumla Simdega Coop Bank Ltd, 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 Gumla manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL01259GB.
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 Jaspur Road, Gumla, At Po Dist Gumla 835207 located in Gumla, Gumla, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.