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IFSC Code of Idbi Bank, Shree Gajanan Lokseva Sahakari Bank Maryadit, Pune, Maharashtra — IBKL0250GL2

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Idbi Bank for its Shree Gajanan Lokseva Sahakari Bank Maryadit branch in Pune, Pune, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Idbi Bank located in Pune or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code IBKL0250GL2. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Idbi Bank, Shree Gajanan Lokseva Sahakari Bank Maryadit, Pune

Here are the main details that are associated with the IFSC Code IBKL0250GL2 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 IBKL0250GL2
Branch Shree Gajanan Lokseva Sahakari Bank Maryadit
City Pune
District Pune
State Maharashtra
Address 681/1,Gavhane Estate,Landewaddi, Bhosari, Pune-411039

These details are crucial, not just for online banking users but also for businesses and individuals who use Idbi Bank in Pune for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0250GL2 for the Shree Gajanan Lokseva Sahakari Bank Maryadit branch of Idbi Bank has an important role.

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 IBKL0250GL2 is given to every bank branch, including Idbi Bank located in Shree Gajanan Lokseva Sahakari Bank Maryadit, Pune, Maharashtra, to make sure that online payments reach the right place.

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 kind of confusion between multiple branches of the same bank across different places like Pune and Pune.
  • 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 Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Idbi Bank in Shree Gajanan Lokseva Sahakari Bank Maryadit doesn't end up at another location.

Format of the IFSC Code IBKL0250GL2

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 Shree Gajanan Lokseva Sahakari Bank Maryadit in Pune.

For example, the IFSC Code IBKL0250GL2 of Idbi Bank for the Shree Gajanan Lokseva Sahakari Bank Maryadit 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 IBKL0250GL2 of Idbi Bank for its Shree Gajanan Lokseva Sahakari Bank Maryadit 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 Shree Gajanan Lokseva Sahakari Bank Maryadit or Pune to get the exact IFSC Code IBKL0250GL2.

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 IBKL0250GL2 for Online Transfers?

Once you have the IFSC Code IBKL0250GL2 for the Shree Gajanan Lokseva Sahakari Bank Maryadit branch of Idbi Bank in Pune, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IBKL0250GL2. 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 IBKL0250GL2.

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 Shree Gajanan Lokseva Sahakari Bank Maryadit in Pune, 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 Shree Gajanan Lokseva Sahakari Bank Maryadit, 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 Pune manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Idbi Bank in Shree Gajanan Lokseva Sahakari Bank Maryadit, Pune?

The IFSC Code is IBKL0250GL2.

Is the IFSC Code IBKL0250GL2 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Idbi Bank Shree Gajanan Lokseva Sahakari Bank Maryadit?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Shree Gajanan Lokseva Sahakari Bank Maryadit branch?

The address of the branch is 681/1,Gavhane Estate,Landewaddi, Bhosari, Pune-411039 located in Pune, Pune, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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