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 Nagpur Dist Central Coop Bank Ltd. Kohali branch in Nagpur, Kalameshwar, Maharashtra, 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 Nagpur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code IBKL0510N66. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Idbi Bank, The Nagpur Dist Central Coop Bank Ltd. Kohali, Nagpur
The table below shows the main details of the IFSC Code IBKL0510N66 for the Idbi Bank branch in Nagpur, which falls under the Kalameshwar district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0510N66 |
| Branch | The Nagpur Dist Central Coop Bank Ltd. Kohali |
| City | Nagpur |
| District | Kalameshwar |
| State | Maharashtra |
| Address | C/O Kisan Co-Op.Dairy,Kohali |
These details are crucial, not just for online banking users but also for businesses and individuals who use Idbi Bank in Nagpur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0510N66 for the The Nagpur Dist Central Coop Bank Ltd. Kohali branch of Idbi Bank has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Idbi Bank located in The Nagpur Dist Central Coop Bank Ltd. Kohali, Nagpur, Maharashtra, is provided a unique IFSC like IBKL0510N66 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Idbi Bank branch in Nagpur.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Nagpur and Kalameshwar.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Idbi Bank in The Nagpur Dist Central Coop Bank Ltd. Kohali do not get misguided to another person.
Format of the IFSC Code IBKL0510N66
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 Nagpur Dist Central Coop Bank Ltd. Kohali in Nagpur.
For example, the IFSC Code IBKL0510N66 of Idbi Bank for the The Nagpur Dist Central Coop Bank Ltd. Kohali branch includes these elements, identifying the bank and the branch location in Nagpur and Maharashtra correctly.
How to Find IFSC Code for Idbi Bank?
If you are trying to find the IFSC Code IBKL0510N66 of Idbi Bank for its The Nagpur Dist Central Coop Bank Ltd. Kohali branch located in Nagpur, the following methods can help:
Cheque Book
The cheque book issued by Idbi Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Idbi Bank branches in Nagpur and Kalameshwar, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Idbi Bank and navigate to the branch locator section. Search for The Nagpur Dist Central Coop Bank Ltd. Kohali or Nagpur to get the exact IFSC Code IBKL0510N66.
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 keeps an updated list of all IFSC codes. If you search for Idbi Bank and Nagpur, you'll get the correct details.
How to Use IFSC Code IBKL0510N66 for Online Transfers?
If you have the IFSC Code IBKL0510N66 for the The Nagpur Dist Central Coop Bank Ltd. Kohali branch of Idbi Bank in Nagpur, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IBKL0510N66. 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 IBKL0510N66.
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 The Nagpur Dist Central Coop Bank Ltd. Kohali in Nagpur, 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 The Nagpur Dist Central Coop Bank Ltd. Kohali, 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 Nagpur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the The Nagpur Dist Central Coop Bank Ltd. Kohali Nagpur branch is IBKL0510N66.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at C/O Kisan Co-Op.Dairy,Kohali.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.