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 Coastal Urban Cooperative Bank Ltd No.Anchalummoodu branch in Kollam, Kollam, Kerala, 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 Kollam or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code IBKL0737CU7. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Idbi Bank, The Coastal Urban Cooperative Bank Ltd No.Anchalummoodu, Kollam
The table below shows the main details of the IFSC Code IBKL0737CU7 for the Idbi Bank branch in Kollam, which falls under the Kollam district in Kerala.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0737CU7 |
| Branch | The Coastal Urban Cooperative Bank Ltd No.Anchalummoodu |
| City | Kollam |
| District | Kollam |
| State | Kerala |
| Address | Ziehmmeim-9101 |
These details are important not only for users using online banking but also for businesses and individuals who use Idbi Bank in Kollam for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code IBKL0737CU7 for the The Coastal Urban Cooperative Bank Ltd No.Anchalummoodu 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 Coastal Urban Cooperative Bank Ltd No.Anchalummoodu, Kollam, Kerala, are allotted a unique IFSC like IBKL0737CU7 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kollam.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Kollam and Kollam.
- 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 Coastal Urban Cooperative Bank Ltd No.Anchalummoodu reaches the right place, even though there are thousands of branches in Kerala and across India.
Format of the IFSC Code IBKL0737CU7
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 The Coastal Urban Cooperative Bank Ltd No.Anchalummoodu in Kollam.
For example, the IFSC Code IBKL0737CU7 of Idbi Bank for the The Coastal Urban Cooperative Bank Ltd No.Anchalummoodu branch includes these elements, identifying the bank and the branch location in Kollam and Kerala accurately.
How to Find IFSC Code for Idbi Bank?
To find the IFSC Code IBKL0737CU7 of Idbi Bank for its The Coastal Urban Cooperative Bank Ltd No.Anchalummoodu branch located in Kollam, 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 Kollam and Kollam, 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 Coastal Urban Cooperative Bank Ltd No.Anchalummoodu or Kollam to find the exact IFSC Code IBKL0737CU7.
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 Kollam will provide accurate information.
How to Use IFSC Code IBKL0737CU7 for Online Transfers?
Once you have the IFSC Code IBKL0737CU7 for the The Coastal Urban Cooperative Bank Ltd No.Anchalummoodu branch of Idbi Bank in Kollam, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IBKL0737CU7. The transfer is completed in batches instead of instantly. It is useful for both 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 IBKL0737CU7.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Idbi Bank The Coastal Urban Cooperative Bank Ltd No.Anchalummoodu in Kollam, your payment can get delayed or might not go through at all.
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 Coastal Urban Cooperative Bank Ltd No.Anchalummoodu, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Kollam manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL0737CU7.
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 Ziehmmeim-9101 located in Kollam, Kollam, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.