IFSC Code of Idbi Bank, The Panvelurban Coop Bank, Panvel, Maharashtra — IBKL0189PUC

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 The Panvelurban Coop Bank branch in Raigad, Panvel, Maharashtra, 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 Raigad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code IBKL0189PUC. 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, The Panvelurban Coop Bank, Raigad

Here are the key points that are associated with the IFSC Code IBKL0189PUC of Idbi Bank for its branch located in Raigad, within the district of Panvel in the state of Maharashtra.

These details are essential not only for online banking users but also for businesses and individuals who use Idbi Bank in Raigad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0189PUC for the The Panvelurban Coop Bank branch of Idbi Bank plays an 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 The Panvelurban Coop Bank, Raigad, Maharashtra, is provided with a unique IFSC like IBKL0189PUC to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Idbi Bank branch in Raigad.
• 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 Raigad and Panvel.
• 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 The Panvelurban Coop Bank do not get mixed with another location.

Format of the IFSC Code IBKL0189PUC

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 The Panvelurban Coop Bank in Raigad.

For example, the IFSC Code IBKL0189PUC of Idbi Bank for the The Panvelurban Coop Bank branch includes these elements, identifying the bank and the branch location in Raigad and Maharashtra accurately.

How to Find IFSC Code for Idbi Bank?

If you are trying to find the IFSC Code IBKL0189PUC of Idbi Bank for its The Panvelurban Coop Bank branch located in Raigad, the following methods can help:

Cheque Book

The cheque books that are issued by Idbi Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Idbi Bank branches in Raigad and Panvel, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Idbi Bank and find the branch locator section. Search for The Panvelurban Coop Bank or Raigad to get the exact IFSC Code IBKL0189PUC.

Mobile Banking App

If you use Idbi Bank's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Idbi Bank and Raigad that will provide accurate information.

How to Use IFSC Code IBKL0189PUC for Online Transfers?

Once you have the IFSC Code IBKL0189PUC for the The Panvelurban Coop Bank branch of Idbi Bank in Raigad, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code IBKL0189PUC. 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 IBKL0189PUC.

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