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 The Prathamik Shikshak Sahakari Bank Ltd,Gadhinglaj branch in Kolhapur, Gadhinglaj, or Maharashtra, 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 Kolhapur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code IBKL0464P01. 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, The Prathamik Shikshak Sahakari Bank Ltd,Gadhinglaj, Kolhapur
The table below shows the main details of the IFSC Code IBKL0464P01 for the Idbi Bank branch in Kolhapur, which falls under the Gadhinglaj district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0464P01 |
| Branch | The Prathamik Shikshak Sahakari Bank Ltd,Gadhinglaj |
| City | Kolhapur |
| District | Gadhinglaj |
| State | Maharashtra |
| Address | Gadhinglaj Taluka Gadhinglaj,Dist Kolhapur.416502 |
These details are important not only for users using online banking but also for businesses and individuals who use Idbi Bank in Kolhapur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code IBKL0464P01 for the The Prathamik Shikshak Sahakari Bank Ltd,Gadhinglaj branch of Idbi Bank is vital.
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 Prathamik Shikshak Sahakari Bank Ltd,Gadhinglaj, Kolhapur, Maharashtra, are given a unique IFSC like IBKL0464P01 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kolhapur.
- 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 Kolhapur and Gadhinglaj.
- 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 The Prathamik Shikshak Sahakari Bank Ltd,Gadhinglaj goes to the correct branch. This is important because Idbi Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code IBKL0464P01
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 Prathamik Shikshak Sahakari Bank Ltd,Gadhinglaj in Kolhapur.
For example, the IFSC Code IBKL0464P01 of Idbi Bank for the The Prathamik Shikshak Sahakari Bank Ltd,Gadhinglaj branch includes these elements, identifying the bank and the branch location in Kolhapur and Maharashtra correctly.
How to Find IFSC Code for Idbi Bank?
To find the IFSC Code IBKL0464P01 of Idbi Bank for its The Prathamik Shikshak Sahakari Bank Ltd,Gadhinglaj branch located in Kolhapur, 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 Kolhapur and Gadhinglaj, 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 Prathamik Shikshak Sahakari Bank Ltd,Gadhinglaj or Kolhapur to find the exact IFSC Code IBKL0464P01.
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 Kolhapur will provide accurate information.
How to Use IFSC Code IBKL0464P01 for Online Transfers?
Once you have the IFSC Code IBKL0464P01 for the The Prathamik Shikshak Sahakari Bank Ltd,Gadhinglaj branch of Idbi Bank in Kolhapur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IBKL0464P01. 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 IBKL0464P01.
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 Prathamik Shikshak Sahakari Bank Ltd,Gadhinglaj in Kolhapur 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 Prathamik Shikshak Sahakari Bank Ltd,Gadhinglaj, 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 Kolhapur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL0464P01.
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 Gadhinglaj Taluka Gadhinglaj,Dist Kolhapur.416502 located in Kolhapur, Gadhinglaj, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.