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 Thequiloncoopurbanbankthevally branch in Kollam, Kollam, or Kerala, 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 Kollam or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code IBKL0737Q06. 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, Thequiloncoopurbanbankthevally, Kollam
The table below shows the main details of the IFSC Code IBKL0737Q06 for the Idbi Bank branch in Kollam, which falls under the Kollam district in Kerala.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0737Q06 |
| Branch | Thequiloncoopurbanbankthevally |
| City | Kollam |
| District | Kollam |
| State | Kerala |
| Address | High School Jn,Cutcherry P O,Kollam 691013 |
These details help users in online banking and for businesses and individuals who use Idbi Bank in Kollam for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0737Q06 for the Thequiloncoopurbanbankthevally 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, along with Idbi Bank located in Thequiloncoopurbanbankthevally, Kollam, Kerala, are allotted a unique IFSC like IBKL0737Q06 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 Thequiloncoopurbanbankthevally reaches the right place, even though there are thousands of branches in Kerala and across India.
Format of the IFSC Code IBKL0737Q06
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 Thequiloncoopurbanbankthevally in Kollam.
For example, the IFSC Code IBKL0737Q06 of Idbi Bank for the Thequiloncoopurbanbankthevally branch has these elements, identifying the bank and the branch location in Kollam and Kerala correctly.
How to Find IFSC Code for Idbi Bank?
If you are looking for the IFSC Code IBKL0737Q06 of Idbi Bank for its Thequiloncoopurbanbankthevally branch located in Kollam, the following methods can help:
Cheque Book
The cheque book that is issued by Idbi Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Idbi Bank branches in Kollam and Kollam, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Idbi Bank and look for the branch locator section, then search for Thequiloncoopurbanbankthevally or Kollam to get the exact IFSC Code IBKL0737Q06.
Mobile Banking App
If you use Idbi Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Idbi Bank and Kollam, then it will provide you proper information.
How to Use IFSC Code IBKL0737Q06 for Online Transfers?
If you have the IFSC Code IBKL0737Q06 for the Thequiloncoopurbanbankthevally branch of Idbi Bank in Kollam, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IBKL0737Q06. Transfers are processed in batches. 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. Asks for the recipient's account details and Idbi Bank IFSC Code IBKL0737Q06.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Idbi Bank Thequiloncoopurbanbankthevally in Kollam, it 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 Thequiloncoopurbanbankthevally, 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 IBKL0737Q06.
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 High School Jn,Cutcherry P O,Kollam 691013 located in Kollam, Kollam, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.