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IFSC Code of Idbi Bank, Sri Kannikaparameswari Coopbank Ltd, Hassan, Karnataka — IBKL0365SKC

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 Sri Kannikaparameswari Coopbank Ltd branch in Hassan, Hassan, Karnataka, 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 Hassan or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code IBKL0365SKC. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Idbi Bank, Sri Kannikaparameswari Coopbank Ltd, Hassan

Here are the main details that are associated with the IFSC Code IBKL0365SKC of Idbi Bank for its branch located in Hassan, within the district of Hassan in the state of Karnataka.

Particulars Details
Bank Idbi Bank
IFSC Code IBKL0365SKC
Branch Sri Kannikaparameswari Coopbank Ltd
City Hassan
District Hassan
State Karnataka
Address Skpc Bank Building B M Road Hassan 573201 Karnataka

These details are important not only for users using online banking but also for businesses and individuals who use Idbi Bank in Hassan for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code IBKL0365SKC for the Sri Kannikaparameswari Coopbank Ltd branch of Idbi Bank is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like IBKL0365SKC is given to every bank branch, including Idbi Bank located in Sri Kannikaparameswari Coopbank Ltd, Hassan, Karnataka, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Idbi Bank branch in Hassan.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Hassan and Hassan.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for Idbi Bank in Sri Kannikaparameswari Coopbank Ltd doesn't end up at another location.

Format of the IFSC Code IBKL0365SKC

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 Sri Kannikaparameswari Coopbank Ltd in Hassan.

For example, the IFSC Code IBKL0365SKC of Idbi Bank for the Sri Kannikaparameswari Coopbank Ltd branch includes these elements, identifying the bank and the branch location in Hassan and Karnataka accurately.

How to Find IFSC Code for Idbi Bank?

If you are looking for the IFSC Code IBKL0365SKC of Idbi Bank for its Sri Kannikaparameswari Coopbank Ltd branch located in Hassan, 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 Hassan and Hassan, 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 Sri Kannikaparameswari Coopbank Ltd or Hassan to get the exact IFSC Code IBKL0365SKC.

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 Hassan, then it will provide you proper information.

How to Use IFSC Code IBKL0365SKC for Online Transfers?

Once you have the IFSC Code IBKL0365SKC for the Sri Kannikaparameswari Coopbank Ltd branch of Idbi Bank in Hassan, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IBKL0365SKC. 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 IBKL0365SKC.

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 Sri Kannikaparameswari Coopbank Ltd in Hassan, it can 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 Sri Kannikaparameswari Coopbank Ltd, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Hassan to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Idbi Bank Sri Kannikaparameswari Coopbank Ltd Hassan?

The IFSC Code of the Sri Kannikaparameswari Coopbank Ltd Hassan branch is IBKL0365SKC.

Is IFSC Code IBKL0365SKC permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Idbi Bank Sri Kannikaparameswari Coopbank Ltd branch?

The branch is located at Skpc Bank Building B M Road Hassan 573201 Karnataka.

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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