IFSC Code of Idbi Bank, Saguna More, Patna, Bihar — IBKL0001866

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Idbi Bank for its Saguna More branch in Patna, Patna, Bihar, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Idbi Bank situated in Patna or anywhere in Bihar can easily transfer funds instantly by using the correct IFSC Code IBKL0001866. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Idbi Bank, Saguna More, Patna

Here are the key points that are associated with the IFSC Code IBKL0001866 of Idbi Bank for its branch located in Patna, within the district of Patna in the state of Bihar.

These details helps users in online banking and for businesses and individuals who use Idbi Bank in Patna for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0001866 for the Saguna More 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 provided by the Reserve Bank of India. Every bank branch, along with Idbi Bank located in Saguna More, Patna, Bihar, are allotted a unique IFSC like IBKL0001866 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Patna.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Patna and Patna.
• 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 Saguna More reaches the right place, even though there are thousands of branches in Bihar and across India.

Format of the IFSC Code IBKL0001866

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): These represent the bank code. In Idbi Bank, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Saguna More in Patna.

For example, the IFSC Code IBKL0001866 of Idbi Bank for the Saguna More branch has these elements, identifying the bank and the branch location in Patna and Bihar correctly.

How to Find IFSC Code for Idbi Bank?

If you are trying to find the IFSC Code IBKL0001866 of Idbi Bank for its Saguna More branch located in Patna, 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

You can easily find the IFSC and MICR codes because most banks, including Idbi Bank branches in Patna and Patna, print them 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 Saguna More or Patna to get the exact IFSC Code IBKL0001866.

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 Patna, you'll get the correct details.

How to Use IFSC Code IBKL0001866 for Online Transfers?

Once you have the IFSC Code IBKL0001866 for the Saguna More branch of Idbi Bank in Patna, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IBKL0001866. 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 IBKL0001866.

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 Saguna More in Patna, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Idbi Bank in Saguna More, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official Idbi Bank website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Patna manage online transfers as well as cheque clearances with ease.