For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Idbi Bank for its The Co Operative Bank Of Rajkot Ltd Surendranagar branch in Surendranagar, Surendranagar, Gujarat, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Idbi Bank located in Surendranagar or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code IBKL0119R17. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Idbi Bank, The Co Operative Bank Of Rajkot Ltd Surendranagar, Surendranagar
Here are the main details that are associated with the IFSC Code IBKL0119R17 of Idbi Bank for its branch located in Surendranagar, within the district of Surendranagar in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0119R17 |
| Branch | The Co Operative Bank Of Rajkot Ltd Surendranagar |
| City | Surendranagar |
| District | Surendranagar |
| State | Gujarat |
| Address | Mega Mall,Bus Stand Road,Surendranagar-363002 |
These details are essential not only for online banking users but also for businesses and individuals who use Idbi Bank in Surendranagar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0119R17 for the The Co Operative Bank Of Rajkot Ltd Surendranagar 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, along with Idbi Bank located in The Co Operative Bank Of Rajkot Ltd Surendranagar, Surendranagar, Gujarat, are allotted a unique IFSC like IBKL0119R17 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Surendranagar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Surendranagar and Surendranagar.
- 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 Surendranagar reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code IBKL0119R17
The format of the IFSC Code for banks, including Idbi Bank, has 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 Co Operative Bank Of Rajkot Ltd Surendranagar in Surendranagar.
For example, the IFSC Code IBKL0119R17 of Idbi Bank for the The Co Operative Bank Of Rajkot Ltd Surendranagar branch includes these elements, identifying the bank and the branch location in Surendranagar and Gujarat correctly.
How to Find IFSC Code for Idbi Bank?
If you are trying to find the IFSC Code IBKL0119R17 of Idbi Bank for its The Co Operative Bank Of Rajkot Ltd Surendranagar branch located in Surendranagar, 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 Surendranagar and Surendranagar, 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 Co Operative Bank Of Rajkot Ltd Surendranagar or Surendranagar to get the exact IFSC Code IBKL0119R17.
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 Surendranagar that will provide accurate information.
How to Use IFSC Code IBKL0119R17 for Online Transfers?
Once you have the IFSC Code IBKL0119R17 for the The Co Operative Bank Of Rajkot Ltd Surendranagar branch of Idbi Bank in Surendranagar, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IBKL0119R17. 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 IBKL0119R17.
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 Surendranagar in Surendranagar 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 The Co Operative Bank Of Rajkot Ltd Surendranagar, 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 Surendranagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL0119R17.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Mega Mall,Bus Stand Road,Surendranagar-363002 located in Surendranagar, Surendranagar, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.