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 Dombivali West branch in Thane, Thane, Maharashtra, 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 Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code IBKL0000617. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Idbi Bank, Dombivali West, Thane
Here are some of the key details that come with the IFSC Code IBKL0000617 of Idbi Bank for its branch located in Thane, within the district of Thane in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0000617 |
| Branch | Dombivali West |
| City | Thane |
| District | Thane |
| State | Maharashtra |
| Address | Ishaan, Ground Floor,, Mahatma Phule Road,, Near Dhanwantari Medical, Dombivali (West), Pincode - 421202 |
These details are essential not only for online banking users but also for businesses and individuals who use Idbi Bank in Thane for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0000617 for the Dombivali West 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 Dombivali West, Thane, Maharashtra, is provided with a unique IFSC like IBKL0000617 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Idbi Bank branch in Thane.
- 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 Thane and Thane.
- 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 Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Idbi Bank in Dombivali West do not get mixed with another location.
Format of the IFSC Code IBKL0000617
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 Dombivali West in Thane.
For example, the IFSC Code IBKL0000617 of Idbi Bank for the Dombivali West branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra correctly.
How to Find IFSC Code for Idbi Bank?
If you are looking for the IFSC Code IBKL0000617 of Idbi Bank for its Dombivali West branch located in Thane, 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 Thane and Thane, 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 Dombivali West or Thane to get the exact IFSC Code IBKL0000617.
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 Thane, then it will provide you proper information.
How to Use IFSC Code IBKL0000617 for Online Transfers?
Once you have the IFSC Code IBKL0000617 for the Dombivali West branch of Idbi Bank in Thane, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IBKL0000617. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Idbi Bank IFSC Code IBKL0000617.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Idbi Bank Dombivali West in Thane, it can 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 Dombivali West, 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 Thane to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Dombivali West Thane branch is IBKL0000617.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Ishaan, Ground Floor,, Mahatma Phule Road,, Near Dhanwantari Medical, Dombivali (West), Pincode - 421202.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.