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 Nadapuram branch in Kozhikode, Calicut, 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 Kozhikode or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code IBKL0001307. 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, Nadapuram, Kozhikode
The table below shows the main details of the IFSC Code IBKL0001307 for the Idbi Bank branch in Kozhikode, which falls under the Calicut district in Kerala.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0001307 |
| Branch | Nadapuram |
| City | Kozhikode |
| District | Calicut |
| State | Kerala |
| Address | First Floor ,P M Tower Kallachi, Nadapuram, Kerala-673504 |
These details are essential not only for online banking users but also for businesses and individuals who use Idbi Bank in Kozhikode for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0001307 for the Nadapuram branch of Idbi Bank plays 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 Nadapuram, Kozhikode, Kerala, are allotted a unique IFSC like IBKL0001307 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kozhikode.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Kozhikode and Calicut.
- 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 Nadapuram reaches the right place, even though there are thousands of branches in Kerala and across India.
Format of the IFSC Code IBKL0001307
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 Nadapuram in Kozhikode.
For example, the IFSC Code IBKL0001307 of Idbi Bank for the Nadapuram branch includes these elements, identifying the bank and the branch location in Kozhikode and Kerala accurately.
How to Find IFSC Code for Idbi Bank?
If you are looking for the IFSC Code IBKL0001307 of Idbi Bank for its Nadapuram branch located in Kozhikode, 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 Kozhikode and Calicut, 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 Nadapuram or Kozhikode to get the exact IFSC Code IBKL0001307.
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 Kozhikode, then it will provide you proper information.
How to Use IFSC Code IBKL0001307 for Online Transfers?
If you have the IFSC Code IBKL0001307 for the Nadapuram branch of Idbi Bank in Kozhikode, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IBKL0001307. 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 IBKL0001307.
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 Nadapuram in Kozhikode, 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 Nadapuram, 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 Kozhikode to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL0001307.
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 First Floor ,P M Tower Kallachi, Nadapuram, Kerala-673504 located in Kozhikode, Calicut, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
