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 The Co Operative Bank Of Rajkot Ltd Dakor branch in Kheda, Dakor, Gujarat, 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 Kheda or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code IBKL0119R21. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Idbi Bank, The Co Operative Bank Of Rajkot Ltd Dakor, Kheda

Below in the table are the key details related to IFSC Code IBKL0119R21 of Idbi Bank for its branch located in Kheda, within the district of Dakor in the state of Gujarat.

Particulars Details
Bank Idbi Bank
IFSC Code IBKL0119R21
Branch The Co Operative Bank Of Rajkot Ltd Dakor
City Kheda
District Dakor
State Gujarat
Address Laxmiji Road,Near Temple,Dist.Kheda Dakor-388225

These details help users in online banking and for businesses and individuals who use Idbi Bank in Kheda for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0119R21 for the The Co Operative Bank Of Rajkot Ltd Dakor branch of Idbi Bank has a very 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, including Idbi Bank located in The Co Operative Bank Of Rajkot Ltd Dakor, Kheda, Gujarat, is provided with a unique IFSC like IBKL0119R21 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Idbi Bank branch in Kheda.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Kheda and Dakor.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Gujarat and the rest of India and the IFSC Code ensures that transactions meant for Idbi Bank in The Co Operative Bank Of Rajkot Ltd Dakor do not get mixed with another location.

Format of the IFSC Code IBKL0119R21

The format of the IFSC Code for banks, including Idbi Bank, has 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 The Co Operative Bank Of Rajkot Ltd Dakor in Kheda.

For example, the IFSC Code IBKL0119R21 of Idbi Bank for the The Co Operative Bank Of Rajkot Ltd Dakor branch includes these elements, identifying the bank and the branch location in Kheda and Gujarat correctly.

How to Find IFSC Code for Idbi Bank?

To find the IFSC Code IBKL0119R21 of Idbi Bank for its The Co Operative Bank Of Rajkot Ltd Dakor branch located in Kheda, 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 Kheda and Dakor, 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 The Co Operative Bank Of Rajkot Ltd Dakor or Kheda to find the exact IFSC Code IBKL0119R21.

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 Kheda will provide accurate information.

How to Use IFSC Code IBKL0119R21 for Online Transfers?

Once you have the IFSC Code IBKL0119R21 for the The Co Operative Bank Of Rajkot Ltd Dakor branch of Idbi Bank in Kheda, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IBKL0119R21. 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 IBKL0119R21.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Idbi Bank The Co Operative Bank Of Rajkot Ltd Dakor in Kheda 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 The Co Operative Bank Of Rajkot Ltd Dakor, 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 Kheda to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Idbi Bank in The Co Operative Bank Of Rajkot Ltd Dakor, Kheda?

The IFSC Code is IBKL0119R21.

Is the IFSC Code IBKL0119R21 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Idbi Bank The Co Operative Bank Of Rajkot Ltd Dakor?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the The Co Operative Bank Of Rajkot Ltd Dakor branch?

The address of the branch is Laxmiji Road,Near Temple,Dist.Kheda Dakor-388225 located in Kheda, Dakor, Gujarat.

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.