IFSC Code of Idbi Bank, State Transport Bank Shrirampur, Shrirampur, Maharashtra — IBKL0617S06

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Idbi Bank for its State Transport Bank Shrirampur branch in Shrirampur, Shrirampur, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Idbi Bank situated in Shrirampur or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code IBKL0617S06. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Idbi Bank, State Transport Bank Shrirampur, Shrirampur

The table below shows the main details of the IFSC Code IBKL0617S06 for the Idbi Bank branch in Shrirampur, which falls under the Shrirampur district in Maharashtra.

These details are important not only for users using online banking but also for businesses and individuals who use Idbi Bank in Shrirampur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code IBKL0617S06 for the State Transport Bank Shrirampur branch of Idbi Bank is vital.

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 IBKL0617S06 is given to every bank branch, including Idbi Bank located in State Transport Bank Shrirampur, Shrirampur, 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 Shrirampur.
• 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 Shrirampur and Shrirampur.
• 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 State Transport Bank Shrirampur doesn't end up at another location.

Format of the IFSC Code IBKL0617S06

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): These represent the bank code. In Idbi Bank, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like State Transport Bank Shrirampur in Shrirampur.

For example, the IFSC Code IBKL0617S06 of Idbi Bank for the State Transport Bank Shrirampur branch has these elements, identifying the bank and the branch location in Shrirampur and Maharashtra correctly.

How to Find IFSC Code for Idbi Bank?

To find the IFSC Code IBKL0617S06 of Idbi Bank for its State Transport Bank Shrirampur branch located in Shrirampur, the following methods can help you out:

Cheque Book

The cheque book issued by Idbi Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

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

Bank Website

Visit the official website of Idbi Bank and go to the branch locator section. Then search for State Transport Bank Shrirampur or Shrirampur to find the exact IFSC Code IBKL0617S06.

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 maintains an updated database of all IFSC codes. Searching for Idbi Bank and Shrirampur will provide accurate information.

How to Use IFSC Code IBKL0617S06 for Online Transfers?

Once you have the IFSC Code IBKL0617S06 for the State Transport Bank Shrirampur branch of Idbi Bank in Shrirampur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IBKL0617S06. 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 IBKL0617S06.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Idbi Bank State Transport Bank Shrirampur in Shrirampur 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 State Transport Bank Shrirampur, 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 Shrirampur manage online transfers as well as cheque clearances with ease.