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 Idbi Bank Ltd, Porompat branch in Imphal East, Porompat, or Manipur, 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 Imphal East or anywhere in Manipur can transfer funds instantly by using the correct IFSC Code IBKL0002177. 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, Idbi Bank Ltd, Porompat, Imphal East

Here are the key points that are associated with the IFSC Code IBKL0002177 of Idbi Bank for its branch located in Imphal East, within the district of Porompat in the state of Manipur.

Particulars Details
Bank Idbi Bank
IFSC Code IBKL0002177
Branch Idbi Bank Ltd, Porompat
City Imphal East
District Porompat
State Manipur
Address Khurai Thoudam Leikai,Near Jnims,Porompat

These details are important not only for users using online banking but also for businesses and individuals who use Idbi Bank in Imphal East for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code IBKL0002177 for the Idbi Bank Ltd, Porompat branch of Idbi Bank is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Idbi Bank located in Idbi Bank Ltd, Porompat, Imphal East, Manipur, is provided a unique IFSC like IBKL0002177 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Idbi Bank branch in Imphal East.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Imphal East and Porompat.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Manipur and the rest of India, the IFSC Code ensures that transactions meant for Idbi Bank in Idbi Bank Ltd, Porompat do not get misguided to another person.

Format of the IFSC Code IBKL0002177

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): These represent the bank code. In Idbi Bank, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Idbi Bank Ltd, Porompat in Imphal East.

For example, the IFSC Code IBKL0002177 of Idbi Bank for the Idbi Bank Ltd, Porompat branch has these elements, identifying the bank and the branch location in Imphal East and Manipur correctly.

How to Find IFSC Code for Idbi Bank?

If you are trying to find the IFSC Code IBKL0002177 of Idbi Bank for its Idbi Bank Ltd, Porompat branch located in Imphal East, 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 Imphal East and Porompat, 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 Idbi Bank Ltd, Porompat or Imphal East to get the exact IFSC Code IBKL0002177.

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 Imphal East, you'll get the correct details.

How to Use IFSC Code IBKL0002177 for Online Transfers?

Once you have the IFSC Code IBKL0002177 for the Idbi Bank Ltd, Porompat branch of Idbi Bank in Imphal East, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code IBKL0002177. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and Idbi Bank IFSC Code IBKL0002177.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Idbi Bank Idbi Bank Ltd, Porompat in Imphal East, your payment can get delayed or might not go through at all.

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 Idbi Bank Ltd, Porompat, 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 Imphal East manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Idbi Bank in Idbi Bank Ltd, Porompat, Imphal East?

The IFSC Code is IBKL0002177.

Is the IFSC Code IBKL0002177 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 Idbi Bank Ltd, Porompat?

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 Idbi Bank Ltd, Porompat branch?

The address of the branch is Khurai Thoudam Leikai,Near Jnims,Porompat located in Imphal East, Porompat, Manipur.

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.