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 Bori Bk branch in Pune, Junnar, Maharashtra, 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 Pune or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code IBKL0001790. 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, Bori Bk, Pune
Here are the main details that are associated with the IFSC Code IBKL0001790 of Idbi Bank for its branch located in Pune, within the district of Junnar in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0001790 |
| Branch | Bori Bk |
| City | Pune |
| District | Junnar |
| State | Maharashtra |
| Address | Ap Bori Bk,Tal -Junnar,Dist Pune 412211 |
These details are essential not only for online banking users but also for businesses and individuals who use Idbi Bank in Pune for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0001790 for the Bori Bk 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 Bori Bk, Pune, Maharashtra, is provided with a unique IFSC like IBKL0001790 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Idbi Bank branch in Pune.
- 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 Pune and Junnar.
- 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 Bori Bk do not get mixed with another location.
Format of the IFSC Code IBKL0001790
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 Bori Bk in Pune.
For example, the IFSC Code IBKL0001790 of Idbi Bank for the Bori Bk branch has these elements, identifying the bank and the branch location in Pune and Maharashtra correctly.
How to Find IFSC Code for Idbi Bank?
To find the IFSC Code IBKL0001790 of Idbi Bank for its Bori Bk branch located in Pune, 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 Pune and Junnar, 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 Bori Bk or Pune to find the exact IFSC Code IBKL0001790.
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 Pune will provide accurate information.
How to Use IFSC Code IBKL0001790 for Online Transfers?
Once you have the IFSC Code IBKL0001790 for the Bori Bk branch of Idbi Bank in Pune, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IBKL0001790. Transfers are processed in batches. This is suitable for personal and business payments.
RTGS
Used for high-value payments above ₹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 IBKL0001790.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Idbi Bank Bori Bk in Pune may 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 Bori Bk, 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 Pune manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL0001790.
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 Ap Bori Bk,Tal -Junnar,Dist Pune 412211 located in Pune, Junnar, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.