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 Pathardi Phata branch in Nasik, Nasik, 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 Nasik or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code IBKL0001991. 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, Pathardi Phata, Nasik
The table below shows the main details of the IFSC Code IBKL0001991 for the Idbi Bank branch in Nasik, which falls under the Nasik district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0001991 |
| Branch | Pathardi Phata |
| City | Nasik |
| District | Nasik |
| State | Maharashtra |
| Address | Saivilla,Next To Namrata Petrol Pump,New Ambad,Pathardi Phata Nashik 422010 |
These details are essential not only for online banking users but also for businesses and individuals who use Idbi Bank in Nasik for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0001991 for the Pathardi Phata 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, including Idbi Bank located in Pathardi Phata, Nasik, Maharashtra, is provided with a unique IFSC like IBKL0001991 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Idbi Bank branch in Nasik.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Nasik and Nasik.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Idbi Bank in Pathardi Phata do not get mixed with another location.
Format of the IFSC Code IBKL0001991
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 Pathardi Phata in Nasik.
For example, the IFSC Code IBKL0001991 of Idbi Bank for the Pathardi Phata branch includes these elements, identifying the bank and the branch location in Nasik and Maharashtra correctly.
How to Find IFSC Code for Idbi Bank?
To find the IFSC Code IBKL0001991 of Idbi Bank for its Pathardi Phata branch located in Nasik, 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 Nasik and Nasik, 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 Pathardi Phata or Nasik to find the exact IFSC Code IBKL0001991.
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 Nasik will provide accurate information.
How to Use IFSC Code IBKL0001991 for Online Transfers?
Once you have the IFSC Code IBKL0001991 for the Pathardi Phata branch of Idbi Bank in Nasik, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IBKL0001991. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Idbi Bank IFSC Code IBKL0001991.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Idbi Bank Pathardi Phata in Nasik, it can 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 Pathardi Phata, 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 Nasik to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Pathardi Phata Nasik branch is IBKL0001991.
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 Saivilla,Next To Namrata Petrol Pump,New Ambad,Pathardi Phata Nashik 422010.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.