IFSC Code of Idbi Bank, Itanagar, Itanagar, Arunachal Pradesh — IBKL0000161

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 Itanagar branch in Papum Pare, Itanagar, Arunachal Pradesh, 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 Papum Pare or anywhere in Arunachal Pradesh can transfer funds instantly by using the correct IFSC Code IBKL0000161. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Idbi Bank, Itanagar, Papum Pare

Here are the main details that are associated with the IFSC Code IBKL0000161 of Idbi Bank for its branch located in Papum Pare, within the district of Itanagar in the state of Arunachal Pradesh.

These details helps users in online banking and for businesses and individuals who use Idbi Bank in Papum Pare for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0000161 for the Itanagar branch of Idbi Bank plays a vital role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like IBKL0000161 is given to every bank branch, including Idbi Bank located in Itanagar, Papum Pare, Arunachal Pradesh, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Idbi Bank branch in Papum Pare.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any kind of confusion between multiple branches of the same bank across different places like Papum Pare and Itanagar.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Arunachal Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Idbi Bank in Itanagar doesn't end up at another location.

Format of the IFSC Code IBKL0000161

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 Itanagar in Papum Pare.

For example, the IFSC Code IBKL0000161 of Idbi Bank for the Itanagar branch includes these elements, identifying the bank and the branch location in Papum Pare and Arunachal Pradesh correctly.

How to Find IFSC Code for Idbi Bank?

If you are trying to find the IFSC Code IBKL0000161 of Idbi Bank for its Itanagar branch located in Papum Pare, 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 Papum Pare and Itanagar, 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 Itanagar or Papum Pare to get the exact IFSC Code IBKL0000161.

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 Papum Pare that will provide accurate information.

How to Use IFSC Code IBKL0000161 for Online Transfers?

Once you have the IFSC Code IBKL0000161 for the Itanagar branch of Idbi Bank in Papum Pare, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code IBKL0000161. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and Idbi Bank IFSC Code IBKL0000161.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Idbi Bank Itanagar in Papum Pare, your payment can get delayed or might not go through at all.

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 Itanagar, 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 Papum Pare to handle online money transfers and get their cheques cleared smoothly.