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 Sree Bhyraveshwara Sahakara Bank Niyamitha Tumkur branch in Tumkur, Tumkur, Karnataka, 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 Tumkur or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code IBKL0362SBB. 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, Sree Bhyraveshwara Sahakara Bank Niyamitha Tumkur, Tumkur
Below in the table are the key details related to IFSC Code IBKL0362SBB of Idbi Bank for its branch located in Tumkur, within the district of Tumkur in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0362SBB |
| Branch | Sree Bhyraveshwara Sahakara Bank Niyamitha Tumkur |
| City | Tumkur |
| District | Tumkur |
| State | Karnataka |
| Address | S S Puram,Main Road,Tumkur -Pin - 572102 |
These details are essential not only for online banking users but also for businesses and individuals who use Idbi Bank in Tumkur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0362SBB for the Sree Bhyraveshwara Sahakara Bank Niyamitha Tumkur branch of Idbi Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Idbi Bank located in Sree Bhyraveshwara Sahakara Bank Niyamitha Tumkur, Tumkur, Karnataka, is provided a unique IFSC like IBKL0362SBB so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Idbi Bank branch in Tumkur.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Tumkur and Tumkur.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Karnataka and the rest of India, the IFSC Code ensures that transactions meant for Idbi Bank in Sree Bhyraveshwara Sahakara Bank Niyamitha Tumkur do not get misguided to another person.
Format of the IFSC Code IBKL0362SBB
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 Sree Bhyraveshwara Sahakara Bank Niyamitha Tumkur in Tumkur.
For example, the IFSC Code IBKL0362SBB of Idbi Bank for the Sree Bhyraveshwara Sahakara Bank Niyamitha Tumkur branch includes these elements, identifying the bank and the branch location in Tumkur and Karnataka correctly.
How to Find IFSC Code for Idbi Bank?
If you are looking for the IFSC Code IBKL0362SBB of Idbi Bank for its Sree Bhyraveshwara Sahakara Bank Niyamitha Tumkur branch located in Tumkur, 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 Tumkur and Tumkur, 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 Sree Bhyraveshwara Sahakara Bank Niyamitha Tumkur or Tumkur to get the exact IFSC Code IBKL0362SBB.
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 Tumkur, then it will provide you proper information.
How to Use IFSC Code IBKL0362SBB for Online Transfers?
Once you have the IFSC Code IBKL0362SBB for the Sree Bhyraveshwara Sahakara Bank Niyamitha Tumkur branch of Idbi Bank in Tumkur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IBKL0362SBB. 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 IBKL0362SBB.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Idbi Bank Sree Bhyraveshwara Sahakara Bank Niyamitha Tumkur in Tumkur 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 Sree Bhyraveshwara Sahakara Bank Niyamitha Tumkur, 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 Tumkur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL0362SBB.
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 S S Puram,Main Road,Tumkur -Pin - 572102 located in Tumkur, Tumkur, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.