The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Idbi Bank for its The Dhrangadhra Peo Co Op Bank Ltd branch in Surendranagar, Dhrangadhra, Gujarat, this complete guide will provide you with detailed information.
The banking system in India has changed 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 IBKL01602DP. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Idbi Bank, The Dhrangadhra Peo Co Op Bank Ltd, Surendranagar
The table below shows the main details of the IFSC Code IBKL01602DP for the Idbi Bank branch in Surendranagar, which falls under the Dhrangadhra district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL01602DP |
| Branch | The Dhrangadhra Peo Co Op Bank Ltd |
| City | Surendranagar |
| District | Dhrangadhra |
| State | Gujarat |
| Address | Kalpvrux, Mandvi Chowk, Dhrangadhra363310 |
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 IBKL01602DP for the The Dhrangadhra Peo Co Op Bank Ltd 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 Dhrangadhra Peo Co Op Bank Ltd, Surendranagar, Gujarat, is provided with a unique IFSC like IBKL01602DP to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Idbi Bank branch in Surendranagar.
- 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 Surendranagar and Dhrangadhra.
- 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 Gujarat and the rest of India and the IFSC Code ensures that transactions meant for Idbi Bank in The Dhrangadhra Peo Co Op Bank Ltd do not get mixed with another location.
Format of the IFSC Code IBKL01602DP
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 The Dhrangadhra Peo Co Op Bank Ltd in Surendranagar.
For example, the IFSC Code IBKL01602DP of Idbi Bank for the The Dhrangadhra Peo Co Op Bank Ltd branch includes these elements, identifying the bank and the branch location in Surendranagar and Gujarat accurately.
How to Find IFSC Code for Idbi Bank?
To find the IFSC Code IBKL01602DP of Idbi Bank for its The Dhrangadhra Peo Co Op Bank Ltd branch located in Surendranagar, 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 Surendranagar and Dhrangadhra, 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 The Dhrangadhra Peo Co Op Bank Ltd or Surendranagar to find the exact IFSC Code IBKL01602DP.
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 Surendranagar will provide accurate information.
How to Use IFSC Code IBKL01602DP for Online Transfers?
Once you have the IFSC Code IBKL01602DP for the The Dhrangadhra Peo Co Op Bank Ltd branch of Idbi Bank in Surendranagar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IBKL01602DP. 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 IBKL01602DP.
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 Dhrangadhra Peo Co Op Bank Ltd in Surendranagar, 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 Dhrangadhra Peo Co Op Bank Ltd, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Surendranagar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL01602DP.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Kalpvrux, Mandvi Chowk, Dhrangadhra363310 located in Surendranagar, Dhrangadhra, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.