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 Pilibhit District Co-Operative Bank Ltd branch in Pilibhit, Pilibhit, Uttar Pradesh, 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 Pilibhit or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code IBKL01021PD. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Idbi Bank, Pilibhit District Co-Operative Bank Ltd, Pilibhit
Below in the table are the key details related to IFSC Code IBKL01021PD of Idbi Bank for its branch located in Pilibhit, within the district of Pilibhit in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL01021PD |
| Branch | Pilibhit District Co-Operative Bank Ltd |
| City | Pilibhit |
| District | Pilibhit |
| State | Uttar Pradesh |
| Address | Head Office B 18 Ballabhnagar Pilibhit Distt Co Op Bank,Pilibhit(Up)-262001 |
These details are important not only for users using online banking but also for businesses and individuals who use Idbi Bank in Pilibhit for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code IBKL01021PD for the Pilibhit District Co-Operative Bank Ltd branch of Idbi Bank is vital.
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 IBKL01021PD is given to every bank branch, including Idbi Bank located in Pilibhit District Co-Operative Bank Ltd, Pilibhit, Uttar 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 Pilibhit.
- 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 Pilibhit and Pilibhit.
- 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 Uttar Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Idbi Bank in Pilibhit District Co-Operative Bank Ltd doesn't end up at another location.
Format of the IFSC Code IBKL01021PD
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): 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 Pilibhit District Co-Operative Bank Ltd in Pilibhit.
For example, the IFSC Code IBKL01021PD of Idbi Bank for the Pilibhit District Co-Operative Bank Ltd branch includes these elements, identifying the bank and the branch location in Pilibhit and Uttar Pradesh accurately.
How to Find IFSC Code for Idbi Bank?
If you are trying to find the IFSC Code IBKL01021PD of Idbi Bank for its Pilibhit District Co-Operative Bank Ltd branch located in Pilibhit, 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 Pilibhit and Pilibhit, 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 Pilibhit District Co-Operative Bank Ltd or Pilibhit to get the exact IFSC Code IBKL01021PD.
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 Pilibhit that will provide accurate information.
How to Use IFSC Code IBKL01021PD for Online Transfers?
Once you have the IFSC Code IBKL01021PD for the Pilibhit District Co-Operative Bank Ltd branch of Idbi Bank in Pilibhit, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IBKL01021PD. 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 IBKL01021PD.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Idbi Bank Pilibhit District Co-Operative Bank Ltd in Pilibhit, your payment can get delayed or might not go through at all.
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 Pilibhit District Co-Operative Bank Ltd, 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 Pilibhit manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL01021PD.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Head Office B 18 Ballabhnagar Pilibhit Distt Co Op Bank,Pilibhit(Up)-262001 located in Pilibhit, Pilibhit, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.