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 Satroad branch in Hisar, Sat Road, or Haryana, 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 Hisar or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code IBKL0000892. 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, Satroad, Hisar
Below in the table are the key details related to IFSC Code IBKL0000892 of Idbi Bank for its branch located in Hisar, within the district of Sat Road in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0000892 |
| Branch | Satroad |
| City | Hisar |
| District | Sat Road |
| State | Haryana |
| Address | Idbi Bank Ltd,Satroad Branch ,Swaraj Cooperative Housing Society, Opp Tcp-Ii Hisar Cantt, Satroad, Hisar- 25006 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Idbi Bank in Hisar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0000892 for the Satroad 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 Satroad, Hisar, Haryana, are allotted a unique IFSC like IBKL0000892 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Hisar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Hisar and Sat Road.
- 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 Satroad reaches the right place, even though there are thousands of branches in Haryana and across India.
Format of the IFSC Code IBKL0000892
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 Satroad in Hisar.
For example, the IFSC Code IBKL0000892 of Idbi Bank for the Satroad branch includes these elements, identifying the bank and the branch location in Hisar and Haryana accurately.
How to Find IFSC Code for Idbi Bank?
If you are trying to find the IFSC Code IBKL0000892 of Idbi Bank for its Satroad branch located in Hisar, the following methods can help:
Cheque Book
The cheque books that are issued by Idbi Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Idbi Bank branches in Hisar and Sat Road, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Idbi Bank and find the branch locator section. Search for Satroad or Hisar to get the exact IFSC Code IBKL0000892.
Mobile Banking App
If you use Idbi Bank's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Idbi Bank and Hisar that will provide accurate information.
How to Use IFSC Code IBKL0000892 for Online Transfers?
If you have the IFSC Code IBKL0000892 for the Satroad branch of Idbi Bank in Hisar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IBKL0000892. 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 IBKL0000892.
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 Satroad in Hisar, it may 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 Satroad, 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 Hisar manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL0000892.
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 Idbi Bank Ltd,Satroad Branch ,Swaraj Cooperative Housing Society, Opp Tcp-Ii Hisar Cantt, Satroad, Hisar- 25006 located in Hisar, Sat Road, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.