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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Idbi Bank for its Jamshedpur branch in Purbi Singhbhum, Jamshedpur, Jharkhand, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Idbi Bank located in Purbi Singhbhum or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code IBKL0000017. 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, Jamshedpur, Purbi Singhbhum
Below in the table are the key details related to IFSC Code IBKL0000017 of Idbi Bank for its branch located in Purbi Singhbhum, within the district of Jamshedpur in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0000017 |
| Branch | Jamshedpur |
| City | Purbi Singhbhum |
| District | Jamshedpur |
| State | Jharkhand |
| Address | Shantiniketan, Sakchi Boulevard Roadbistupur |
These details help users in online banking and for businesses and individuals who use Idbi Bank in Purbi Singhbhum for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0000017 for the Jamshedpur 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, along with Idbi Bank located in Jamshedpur, Purbi Singhbhum, Jharkhand, are allotted a unique IFSC like IBKL0000017 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Purbi Singhbhum.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Purbi Singhbhum and Jamshedpur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Idbi Bank in Jamshedpur reaches the right place, even though there are thousands of branches in Jharkhand and across India.
Format of the IFSC Code IBKL0000017
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 Jamshedpur in Purbi Singhbhum.
For example, the IFSC Code IBKL0000017 of Idbi Bank for the Jamshedpur branch includes these elements, identifying the bank and the branch location in Purbi Singhbhum and Jharkhand accurately.
How to Find IFSC Code for Idbi Bank?
If you are looking for the IFSC Code IBKL0000017 of Idbi Bank for its Jamshedpur branch located in Purbi Singhbhum, the following methods can help:
Cheque Book
The cheque book that is issued by Idbi Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Idbi Bank branches in Purbi Singhbhum and Jamshedpur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Idbi Bank and look for the branch locator section, then search for Jamshedpur or Purbi Singhbhum to get the exact IFSC Code IBKL0000017.
Mobile Banking App
If you use Idbi Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Idbi Bank and Purbi Singhbhum, then it will provide you proper information.
How to Use IFSC Code IBKL0000017 for Online Transfers?
If you have the IFSC Code IBKL0000017 for the Jamshedpur branch of Idbi Bank in Purbi Singhbhum, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IBKL0000017. 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 IBKL0000017.
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 Jamshedpur in Purbi Singhbhum, 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 Jamshedpur, 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 Purbi Singhbhum to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Jamshedpur Purbi Singhbhum branch is IBKL0000017.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Shantiniketan, Sakchi Boulevard Roadbistupur.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.