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 Pavana Sahakari Bank Ltd - Kamshet branch in Pune, Kamshet, 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 IBKL0087019. 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, Pavana Sahakari Bank Ltd - Kamshet, Pune
Below in the table are the key details related to IFSC Code IBKL0087019 of Idbi Bank for its branch located in Pune, within the district of Kamshet in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0087019 |
| Branch | Pavana Sahakari Bank Ltd - Kamshet |
| City | Pune |
| District | Kamshet |
| State | Maharashtra |
| Address | Serve No.91/1B,Swami Samarth Erande Complex,Pune Mumbai Haighway,Kamshet,Tal,Maval,Dist,Pune -410405 |
These details help users in online banking and for businesses and individuals who use Idbi Bank in Pune for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0087019 for the Pavana Sahakari Bank Ltd - Kamshet branch of Idbi Bank has a very 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 Pavana Sahakari Bank Ltd - Kamshet, Pune, Maharashtra, is provided with a unique IFSC like IBKL0087019 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 Kamshet.
- 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 Pavana Sahakari Bank Ltd - Kamshet do not get mixed with another location.
Format of the IFSC Code IBKL0087019
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 Pavana Sahakari Bank Ltd - Kamshet in Pune.
For example, the IFSC Code IBKL0087019 of Idbi Bank for the Pavana Sahakari Bank Ltd - Kamshet branch includes these elements, identifying the bank and the branch location in Pune and Maharashtra accurately.
How to Find IFSC Code for Idbi Bank?
If you are trying to find the IFSC Code IBKL0087019 of Idbi Bank for its Pavana Sahakari Bank Ltd - Kamshet branch located in Pune, 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
Most banks, including Idbi Bank branches in Pune and Kamshet, print the IFSC and MICR codes 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 Pavana Sahakari Bank Ltd - Kamshet or Pune to get the exact IFSC Code IBKL0087019.
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 Pune, you'll get the correct details.
How to Use IFSC Code IBKL0087019 for Online Transfers?
If you have the IFSC Code IBKL0087019 for the Pavana Sahakari Bank Ltd - Kamshet branch of Idbi Bank in Pune, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IBKL0087019. Transfers are processed in batches. 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. Asks for the recipient's account details and Idbi Bank IFSC Code IBKL0087019.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Idbi Bank Pavana Sahakari Bank Ltd - Kamshet in Pune, it 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 Pavana Sahakari Bank Ltd - Kamshet, 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 Pune to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL0087019.
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 Serve No.91/1B,Swami Samarth Erande Complex,Pune Mumbai Haighway,Kamshet,Tal,Maval,Dist,Pune -410405 located in Pune, Kamshet, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.