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 The Co Operative Bank Of Rajkot Ltd Vaso branch in Kheda, Vaso, Gujarat, 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 Kheda or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code IBKL0119R18. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

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

Here are the main details that are associated with the IFSC Code IBKL0119R18 of Idbi Bank for its branch located in Kheda, within the district of Vaso in the state of Gujarat.

Particulars Details
Bank Idbi Bank
IFSC Code IBKL0119R18
Branch The Co Operative Bank Of Rajkot Ltd Vaso
City Kheda
District Vaso
State Gujarat
Address Main Bazar,Vaso ( Kheda ) - 388245

These details are crucial, not just for online banking users but also for businesses and individuals who use Idbi Bank in Kheda for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0119R18 for the The Co Operative Bank Of Rajkot Ltd Vaso 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 The Co Operative Bank Of Rajkot Ltd Vaso, Kheda, Gujarat, are allotted a unique IFSC like IBKL0119R18 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Kheda.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Kheda and Vaso.
  • 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 The Co Operative Bank Of Rajkot Ltd Vaso reaches the right place, even though there are thousands of branches in Gujarat and across India.

Format of the IFSC Code IBKL0119R18

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 The Co Operative Bank Of Rajkot Ltd Vaso in Kheda.

For example, the IFSC Code IBKL0119R18 of Idbi Bank for the The Co Operative Bank Of Rajkot Ltd Vaso branch has 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 IBKL0119R18 of Idbi Bank for its The Co Operative Bank Of Rajkot Ltd Vaso 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 Vaso, 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 Vaso or Kheda to find the exact IFSC Code IBKL0119R18.

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 IBKL0119R18 for Online Transfers?

Once you have the IFSC Code IBKL0119R18 for the The Co Operative Bank Of Rajkot Ltd Vaso 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 IBKL0119R18. 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 IBKL0119R18.

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 Vaso in Kheda 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 The Co Operative Bank Of Rajkot Ltd Vaso, 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 Kheda manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

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

The IFSC Code is IBKL0119R18.

Is the IFSC Code IBKL0119R18 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 Vaso?

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 Vaso branch?

The address of the branch is Main Bazar,Vaso ( Kheda ) - 388245 located in Kheda, Vaso, 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.