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 Tamluk branch in Purba Medinipur, Tamluk, West Bengal, 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 Purba Medinipur or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code IBKL0000761. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Idbi Bank, Tamluk, Purba Medinipur

The table below shows the main details of the IFSC Code IBKL0000761 for the Idbi Bank branch in Purba Medinipur, which falls under the Tamluk district in West Bengal.

Particulars Details
Bank Idbi Bank
IFSC Code IBKL0000761
Branch Tamluk
City Purba Medinipur
District Tamluk
State West Bengal
Address Village-Padumbasan, (Manicktala), Po- Tamluk, Ward No. 10, Dist-Purba Medinipur, Pin-721636.

These details helps users in online banking and for businesses and individuals who use Idbi Bank in Purba Medinipur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0000761 for the Tamluk branch of Idbi Bank plays a vital 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, along with Idbi Bank located in Tamluk, Purba Medinipur, West Bengal, are given a unique IFSC like IBKL0000761 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Purba Medinipur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Purba Medinipur and Tamluk.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Idbi Bank in Tamluk goes to the correct branch. This is important because Idbi Bank has thousands of branches in West Bengal and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code IBKL0000761

This is the format of the IFSC Code for banks, including Idbi Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Idbi Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Tamluk in Purba Medinipur.

For example, the IFSC Code IBKL0000761 of Idbi Bank for the Tamluk branch includes these elements, identifying the bank and the branch location in Purba Medinipur and West Bengal accurately.

How to Find IFSC Code for Idbi Bank?

If you are trying to find the IFSC Code IBKL0000761 of Idbi Bank for its Tamluk branch located in Purba Medinipur, 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 Purba Medinipur and Tamluk, 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 Tamluk or Purba Medinipur to get the exact IFSC Code IBKL0000761.

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 Purba Medinipur, you'll get the correct details.

How to Use IFSC Code IBKL0000761 for Online Transfers?

Once you have the IFSC Code IBKL0000761 for the Tamluk branch of Idbi Bank in Purba Medinipur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code IBKL0000761. 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 IBKL0000761.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Idbi Bank Tamluk in Purba Medinipur, 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 Tamluk, 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 Purba Medinipur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Idbi Bank in Tamluk, Purba Medinipur?

The IFSC Code is IBKL0000761.

Is the IFSC Code IBKL0000761 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Idbi Bank Tamluk?

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

What is the full address of the Tamluk branch?

The address of the branch is Village-Padumbasan, (Manicktala), Po- Tamluk, Ward No. 10, Dist-Purba Medinipur, Pin-721636. located in Purba Medinipur, Tamluk, West Bengal.

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.