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 The Co Operative Bank Of Rajkot Ltd Jetpur branch in Rajkot, Jetpur, or Gujarat, 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 Rajkot or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code IBKL0119R06. 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 Co Operative Bank Of Rajkot Ltd Jetpur, Rajkot
Below in the table are the key details related to IFSC Code IBKL0119R06 of Idbi Bank for its branch located in Rajkot, within the district of Jetpur in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0119R06 |
| Branch | The Co Operative Bank Of Rajkot Ltd Jetpur |
| City | Rajkot |
| District | Jetpur |
| State | Gujarat |
| Address | Sahakar Deep Kanakia Plot,Jetpur-360370 |
These details help users in online banking and for businesses and individuals who use Idbi Bank in Rajkot for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0119R06 for the The Co Operative Bank Of Rajkot Ltd Jetpur 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 The Co Operative Bank Of Rajkot Ltd Jetpur, Rajkot, Gujarat, are allotted a unique IFSC like IBKL0119R06 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Rajkot.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Rajkot and Jetpur.
- 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 The Co Operative Bank Of Rajkot Ltd Jetpur reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code IBKL0119R06
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 The Co Operative Bank Of Rajkot Ltd Jetpur in Rajkot.
For example, the IFSC Code IBKL0119R06 of Idbi Bank for the The Co Operative Bank Of Rajkot Ltd Jetpur branch includes these elements, identifying the bank and the branch location in Rajkot and Gujarat accurately.
How to Find IFSC Code for Idbi Bank?
If you are trying to find the IFSC Code IBKL0119R06 of Idbi Bank for its The Co Operative Bank Of Rajkot Ltd Jetpur branch located in Rajkot, 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 Rajkot and Jetpur, 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 The Co Operative Bank Of Rajkot Ltd Jetpur or Rajkot to get the exact IFSC Code IBKL0119R06.
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 Rajkot, you'll get the correct details.
How to Use IFSC Code IBKL0119R06 for Online Transfers?
Once you have the IFSC Code IBKL0119R06 for the The Co Operative Bank Of Rajkot Ltd Jetpur branch of Idbi Bank in Rajkot, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IBKL0119R06. Transfers are processed in batches. This is 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. Requires the recipient's account details and Idbi Bank IFSC Code IBKL0119R06.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Idbi Bank The Co Operative Bank Of Rajkot Ltd Jetpur in Rajkot may 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 The Co Operative Bank Of Rajkot Ltd Jetpur, 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 Rajkot manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL0119R06.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Sahakar Deep Kanakia Plot,Jetpur-360370 located in Rajkot, Jetpur, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.