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 Rawali Mehdood branch in Haridwar, Bahadrabad, or Uttarakhand, 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 Haridwar or anywhere in Uttarakhand can transfer funds instantly by using the correct IFSC Code IBKL0001366. 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, Rawali Mehdood, Haridwar
Here are some of the key details that come with the IFSC Code IBKL0001366 of Idbi Bank for its branch located in Haridwar, within the district of Bahadrabad in the state of Uttarakhand.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0001366 |
| Branch | Rawali Mehdood |
| City | Haridwar |
| District | Bahadrabad |
| State | Uttarakhand |
| Address | Chauhan Market,Rawali Mehdood,Block Bahadarabad,Distt Haridwar,Uttarakhand 249402 |
These details are essential not only for online banking users but also for businesses and individuals who use Idbi Bank in Haridwar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0001366 for the Rawali Mehdood 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, along with Idbi Bank located in Rawali Mehdood, Haridwar, Uttarakhand, are allotted a unique IFSC like IBKL0001366 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Haridwar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Haridwar and Bahadrabad.
- 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 Rawali Mehdood reaches the right place, even though there are thousands of branches in Uttarakhand and across India.
Format of the IFSC Code IBKL0001366
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 Rawali Mehdood in Haridwar.
For example, the IFSC Code IBKL0001366 of Idbi Bank for the Rawali Mehdood branch includes these elements, identifying the bank and the branch location in Haridwar and Uttarakhand correctly.
How to Find IFSC Code for Idbi Bank?
If you are trying to find the IFSC Code IBKL0001366 of Idbi Bank for its Rawali Mehdood branch located in Haridwar, 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 Haridwar and Bahadrabad, 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 Rawali Mehdood or Haridwar to get the exact IFSC Code IBKL0001366.
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 Haridwar, you'll get the correct details.
How to Use IFSC Code IBKL0001366 for Online Transfers?
Once you have the IFSC Code IBKL0001366 for the Rawali Mehdood branch of Idbi Bank in Haridwar, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IBKL0001366. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Idbi Bank IFSC Code IBKL0001366.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Idbi Bank Rawali Mehdood in Haridwar, it can 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 Rawali Mehdood, 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 Haridwar manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL0001366.
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 Chauhan Market,Rawali Mehdood,Block Bahadarabad,Distt Haridwar,Uttarakhand 249402 located in Haridwar, Bahadrabad, Uttarakhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.