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IFSC Code of Idbi Bank, Dunguripali, Sonepur, Odisha — IBKL0001900

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 Dunguripali branch in Sonepur, Sonepur, Odisha, 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 Sonepur or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code IBKL0001900. 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, Dunguripali, Sonepur

The table below shows the main details of the IFSC Code IBKL0001900 for the Idbi Bank branch in Sonepur, which falls under the Sonepur district in Odisha.

Particulars Details
Bank Idbi Bank
IFSC Code IBKL0001900
Branch Dunguripali
City Sonepur
District Sonepur
State Odisha
Address At/Po/Ps-Dunguripali Rmc Chowk Dist-Subarnapur Pin-767023

These details are crucial, not just for online banking users but also for businesses and individuals who use Idbi Bank in Sonepur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0001900 for the Dunguripali branch of Idbi Bank has 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, along with Idbi Bank located in Dunguripali, Sonepur, Odisha, are given a unique IFSC like IBKL0001900 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Sonepur.
  • 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 Sonepur and Sonepur.
  • 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 Dunguripali goes to the correct branch. This is important because Idbi Bank has thousands of branches in Odisha and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code IBKL0001900

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

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Idbi Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Dunguripali in Sonepur.

For example, the IFSC Code IBKL0001900 of Idbi Bank for the Dunguripali branch includes these elements, identifying the bank and the branch location in Sonepur and Odisha accurately.

How to Find IFSC Code for Idbi Bank?

If you are looking for the IFSC Code IBKL0001900 of Idbi Bank for its Dunguripali branch located in Sonepur, 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 Sonepur and Sonepur, 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 Dunguripali or Sonepur to get the exact IFSC Code IBKL0001900.

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 Sonepur, then it will provide you proper information.

How to Use IFSC Code IBKL0001900 for Online Transfers?

Once you have the IFSC Code IBKL0001900 for the Dunguripali branch of Idbi Bank in Sonepur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IBKL0001900. 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 IBKL0001900.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Idbi Bank Dunguripali in Sonepur may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Idbi Bank in Dunguripali, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Sonepur manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Idbi Bank Dunguripali Sonepur?

The IFSC Code of the Dunguripali Sonepur branch is IBKL0001900.

Is IFSC Code IBKL0001900 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Idbi Bank Dunguripali branch?

The branch is located at At/Po/Ps-Dunguripali Rmc Chowk Dist-Subarnapur Pin-767023.

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.

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