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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Idbi Bank for its Thanjavur branch in Thanjavur, Thanjavur, or Tamil Nadu, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Idbi Bank located in Thanjavur or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code IBKL0000766. 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, Thanjavur, Thanjavur
Here are the key points that are associated with the IFSC Code IBKL0000766 of Idbi Bank for its branch located in Thanjavur, within the district of Thanjavur in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0000766 |
| Branch | Thanjavur |
| City | Thanjavur |
| District | Thanjavur |
| State | Tamil Nadu |
| Address | No 7A, Rajappa Nagar, Medical College Road, Thanjavur - 613007 |
These details helps users in online banking and for businesses and individuals who use Idbi Bank in Thanjavur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0000766 for the Thanjavur branch of Idbi Bank plays a vital role.
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 IBKL0000766 is given to every bank branch, including Idbi Bank located in Thanjavur, Thanjavur, Tamil Nadu, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Idbi Bank branch in Thanjavur.
- 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 Thanjavur and Thanjavur.
- 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 Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for Idbi Bank in Thanjavur doesn't end up at another location.
Format of the IFSC Code IBKL0000766
This is the format of the IFSC Code for banks, including Idbi Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Idbi Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Thanjavur in Thanjavur.
For example, the IFSC Code IBKL0000766 of Idbi Bank for the Thanjavur branch includes these elements, identifying the bank and the branch location in Thanjavur and Tamil Nadu accurately.
How to Find IFSC Code for Idbi Bank?
To find the IFSC Code IBKL0000766 of Idbi Bank for its Thanjavur branch located in Thanjavur, 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 Thanjavur and Thanjavur, 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 Thanjavur or Thanjavur to find the exact IFSC Code IBKL0000766.
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 Thanjavur will provide accurate information.
How to Use IFSC Code IBKL0000766 for Online Transfers?
Once you have the IFSC Code IBKL0000766 for the Thanjavur branch of Idbi Bank in Thanjavur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IBKL0000766. 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 IBKL0000766.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Idbi Bank Thanjavur in Thanjavur, your payment can get delayed or might not go through at all.
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 Thanjavur, 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 Thanjavur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL0000766.
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 No 7A, Rajappa Nagar, Medical College Road, Thanjavur - 613007 located in Thanjavur, Thanjavur, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.