The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Idbi Bank for its The Gandevi People'S Co-Op. Bank Ltd. branch in Navsari, Gandevi, Gujarat, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Idbi Bank located in Navsari or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code IBKL0068GP1. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Idbi Bank, The Gandevi People'S Co-Op. Bank Ltd., Navsari
The table below shows the main details of the IFSC Code IBKL0068GP1 for the Idbi Bank branch in Navsari, which falls under the Gandevi district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0068GP1 |
| Branch | The Gandevi People'S Co-Op. Bank Ltd. |
| City | Navsari |
| District | Gandevi |
| State | Gujarat |
| Address | Standerton House, Bazar, P. B. No. 10, Gandevi - 396360, Dist. Navsari |
These details are crucial, not just for online banking users but also for businesses and individuals who use Idbi Bank in Navsari for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0068GP1 for the The Gandevi People'S Co-Op. Bank Ltd. branch of Idbi Bank has 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 The Gandevi People'S Co-Op. Bank Ltd., Navsari, Gujarat, is provided with a unique IFSC like IBKL0068GP1 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Idbi Bank branch in Navsari.
- 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 Navsari and Gandevi.
- 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 Gujarat and the rest of India and the IFSC Code ensures that transactions meant for Idbi Bank in The Gandevi People'S Co-Op. Bank Ltd. do not get mixed with another location.
Format of the IFSC Code IBKL0068GP1
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 Gandevi People'S Co-Op. Bank Ltd. in Navsari.
For example, the IFSC Code IBKL0068GP1 of Idbi Bank for the The Gandevi People'S Co-Op. Bank Ltd. branch includes these elements, identifying the bank and the branch location in Navsari and Gujarat correctly.
How to Find IFSC Code for Idbi Bank?
If you are trying to find the IFSC Code IBKL0068GP1 of Idbi Bank for its The Gandevi People'S Co-Op. Bank Ltd. branch located in Navsari, the following methods can help:
Cheque Book
The cheque books that are issued by Idbi Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Idbi Bank branches in Navsari and Gandevi, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Idbi Bank and find the branch locator section. Search for The Gandevi People'S Co-Op. Bank Ltd. or Navsari to get the exact IFSC Code IBKL0068GP1.
Mobile Banking App
If you use Idbi Bank's mobile app, you can easily 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 to help you in searching for Idbi Bank and Navsari that will provide accurate information.
How to Use IFSC Code IBKL0068GP1 for Online Transfers?
Once you have the IFSC Code IBKL0068GP1 for the The Gandevi People'S Co-Op. Bank Ltd. branch of Idbi Bank in Navsari, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IBKL0068GP1. 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 IBKL0068GP1.
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 The Gandevi People'S Co-Op. Bank Ltd. in Navsari, 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 The Gandevi People'S Co-Op. Bank Ltd., 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 Navsari manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL0068GP1.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Standerton House, Bazar, P. B. No. 10, Gandevi - 396360, Dist. Navsari located in Navsari, Gandevi, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.