For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Idbi Bank for its Kangpokpi branch in Kangpokpi, Kangpokpi, Manipur, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Idbi Bank located in Kangpokpi or anywhere in Manipur can transfer funds instantly by using the correct IFSC Code IBKL0002263. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Idbi Bank, Kangpokpi, Kangpokpi

Here are the main details that are associated with the IFSC Code IBKL0002263 of Idbi Bank for its branch located in Kangpokpi, within the district of Kangpokpi in the state of Manipur.

Particulars Details
Bank Idbi Bank
IFSC Code IBKL0002263
Branch Kangpokpi
City Kangpokpi
District Kangpokpi
State Manipur
Address Ol Dailim Lnc Hotel It Road Junction Near Kangpokpi Police Station Kangpokpi District Manipur Pin 795129

These details helps users in online banking and for businesses and individuals who use Idbi Bank in Kangpokpi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0002263 for the Kangpokpi branch of Idbi Bank plays a vital role.

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 Kangpokpi, Kangpokpi, Manipur, is provided a unique IFSC like IBKL0002263 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Idbi Bank branch in Kangpokpi.
  • 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 Kangpokpi and Kangpokpi.
  • 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 Kangpokpi do not get misguided to another person.

Format of the IFSC Code IBKL0002263

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 Kangpokpi in Kangpokpi.

For example, the IFSC Code IBKL0002263 of Idbi Bank for the Kangpokpi branch includes these elements, identifying the bank and the branch location in Kangpokpi and Manipur accurately.

How to Find IFSC Code for Idbi Bank?

To find the IFSC Code IBKL0002263 of Idbi Bank for its Kangpokpi branch located in Kangpokpi, 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 Kangpokpi and Kangpokpi, 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 Kangpokpi or Kangpokpi to find the exact IFSC Code IBKL0002263.

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 Kangpokpi will provide accurate information.

How to Use IFSC Code IBKL0002263 for Online Transfers?

Once you have the IFSC Code IBKL0002263 for the Kangpokpi branch of Idbi Bank in Kangpokpi, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IBKL0002263. 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 IBKL0002263.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Idbi Bank Kangpokpi in Kangpokpi may 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 Kangpokpi, 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 Kangpokpi to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Idbi Bank Kangpokpi Kangpokpi?

The IFSC Code of the Kangpokpi Kangpokpi branch is IBKL0002263.

Is IFSC Code IBKL0002263 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 Kangpokpi branch?

The branch is located at Ol Dailim Lnc Hotel It Road Junction Near Kangpokpi Police Station Kangpokpi District Manipur Pin 795129.

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.