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 Pathalgaon branch in Jashpur, Pathalgaon, Chhattisgarh, 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 Jashpur or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code IBKL0002062. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Idbi Bank, Pathalgaon, Jashpur
The table below shows the main details of the IFSC Code IBKL0002062 for the Idbi Bank branch in Jashpur, which falls under the Pathalgaon district in Chhattisgarh.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0002062 |
| Branch | Pathalgaon |
| City | Jashpur |
| District | Pathalgaon |
| State | Chhattisgarh |
| Address | Plot No-1093/4A,Ward No-14,Jashpur Road,Pathalgaon Nagar Panchyat - Pathalgaon 496118 |
These details are essential not only for online banking users but also for businesses and individuals who use Idbi Bank in Jashpur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0002062 for the Pathalgaon 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 Pathalgaon, Jashpur, Chhattisgarh, are given a unique IFSC like IBKL0002062 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Jashpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Jashpur and Pathalgaon.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Idbi Bank in Pathalgaon goes to the correct branch. This is important because Idbi Bank has thousands of branches in Chhattisgarh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code IBKL0002062
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 Pathalgaon in Jashpur.
For example, the IFSC Code IBKL0002062 of Idbi Bank for the Pathalgaon branch includes these elements, identifying the bank and the branch location in Jashpur and Chhattisgarh accurately.
How to Find IFSC Code for Idbi Bank?
To find the IFSC Code IBKL0002062 of Idbi Bank for its Pathalgaon branch located in Jashpur, the following methods can help you out:
Cheque Book
The cheque book issued by Idbi Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Idbi Bank branches in Jashpur and Pathalgaon, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Idbi Bank and go to the branch locator section. Then search for Pathalgaon or Jashpur to find the exact IFSC Code IBKL0002062.
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 maintains an updated database of all IFSC codes. Searching for Idbi Bank and Jashpur will provide accurate information.
How to Use IFSC Code IBKL0002062 for Online Transfers?
Once you have the IFSC Code IBKL0002062 for the Pathalgaon branch of Idbi Bank in Jashpur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IBKL0002062. Transfers are processed in batches. This is 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. Requires the recipient's account details and Idbi Bank IFSC Code IBKL0002062.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Idbi Bank Pathalgaon in Jashpur 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 Pathalgaon, 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 Jashpur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL0002062.
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 Plot No-1093/4A,Ward No-14,Jashpur Road,Pathalgaon Nagar Panchyat - Pathalgaon 496118 located in Jashpur, Pathalgaon, Chhattisgarh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.