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 Bodeli branch in Vadodara, Bodeli, Gujarat, 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 Vadodara or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code IBKL0002064. 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, Bodeli, Vadodara

Here are the key points that are associated with the IFSC Code IBKL0002064 of Idbi Bank for its branch located in Vadodara, within the district of Bodeli in the state of Gujarat.

Particulars Details
Bank Idbi Bank
IFSC Code IBKL0002064
Branch Bodeli
City Vadodara
District Bodeli
State Gujarat
Address Hpn2And3,Dabhibdelirad,Bdeli,Taluka Bdeli,Dit Chhtaudepur,Gujaratpin 391135

These details help users in online banking and for businesses and individuals who use Idbi Bank in Vadodara for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0002064 for the Bodeli branch of Idbi Bank has a very 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 Bodeli, Vadodara, Gujarat, are given a unique IFSC like IBKL0002064 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Vadodara.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Vadodara and Bodeli.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Idbi Bank in Bodeli goes to the correct branch. This is important because Idbi Bank has thousands of branches in Gujarat and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code IBKL0002064

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 Bodeli in Vadodara.

For example, the IFSC Code IBKL0002064 of Idbi Bank for the Bodeli branch includes these elements, identifying the bank and the branch location in Vadodara and Gujarat accurately.

How to Find IFSC Code for Idbi Bank?

If you are trying to find the IFSC Code IBKL0002064 of Idbi Bank for its Bodeli branch located in Vadodara, the following methods can help:

Cheque Book

The cheque book issued by Idbi Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including Idbi Bank branches in Vadodara and Bodeli, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Idbi Bank and navigate to the branch locator section. Search for Bodeli or Vadodara to get the exact IFSC Code IBKL0002064.

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 keeps an updated list of all IFSC codes. If you search for Idbi Bank and Vadodara, you'll get the correct details.

How to Use IFSC Code IBKL0002064 for Online Transfers?

Once you have the IFSC Code IBKL0002064 for the Bodeli branch of Idbi Bank in Vadodara, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code IBKL0002064. 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 IBKL0002064.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Idbi Bank Bodeli in Vadodara, 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 Bodeli, 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 Vadodara to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Idbi Bank Bodeli Vadodara?

The IFSC Code of the Bodeli Vadodara branch is IBKL0002064.

Is IFSC Code IBKL0002064 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Idbi Bank Bodeli branch?

The branch is located at Hpn2And3,Dabhibdelirad,Bdeli,Taluka Bdeli,Dit Chhtaudepur,Gujaratpin 391135.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.