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 Pimpri Chinchwad Sahakari Bank Maryadit Chakan branch in Pune, Pune, 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 IBKL0087PC4. 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, Pimpri Chinchwad Sahakari Bank Maryadit Chakan, Pune
Here are the main details that are associated with the IFSC Code IBKL0087PC4 of Idbi Bank for its branch located in Pune, within the district of Pune in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0087PC4 |
| Branch | Pimpri Chinchwad Sahakari Bank Maryadit Chakan |
| City | Pune |
| District | Pune |
| State | Maharashtra |
| Address | Ct,Dg,Vjcw,C. |
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 IBKL0087PC4 for the Pimpri Chinchwad Sahakari Bank Maryadit Chakan branch of Idbi Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Idbi Bank located in Pimpri Chinchwad Sahakari Bank Maryadit Chakan, Pune, Maharashtra, is provided a unique IFSC like IBKL0087PC4 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Idbi Bank branch in Pune.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Pune and Pune.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Idbi Bank in Pimpri Chinchwad Sahakari Bank Maryadit Chakan do not get misguided to another person.
Format of the IFSC Code IBKL0087PC4
The format of the IFSC Code for banks, including Idbi Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Idbi Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Pimpri Chinchwad Sahakari Bank Maryadit Chakan in Pune.
For example, the IFSC Code IBKL0087PC4 of Idbi Bank for the Pimpri Chinchwad Sahakari Bank Maryadit Chakan 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 IBKL0087PC4 of Idbi Bank for its Pimpri Chinchwad Sahakari Bank Maryadit Chakan 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
You can easily find the IFSC and MICR codes because most banks, including Idbi Bank branches in Pune and Pune, 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 Pimpri Chinchwad Sahakari Bank Maryadit Chakan or Pune to get the exact IFSC Code IBKL0087PC4.
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 IBKL0087PC4 for Online Transfers?
Once you have the IFSC Code IBKL0087PC4 for the Pimpri Chinchwad Sahakari Bank Maryadit Chakan branch of Idbi Bank in Pune, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IBKL0087PC4. The transfer is completed in batches instead of instantly. It is useful for both 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 IBKL0087PC4.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Idbi Bank Pimpri Chinchwad Sahakari Bank Maryadit Chakan in Pune, 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 Pimpri Chinchwad Sahakari Bank Maryadit Chakan, 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 IBKL0087PC4.
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 Ct,Dg,Vjcw,C. located in Pune, Pune, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.