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 Sultan S Battery Co-Operative Urban Bank Ltd. Mananthavady branch in Wayanad, Mananthavady, Kerala, 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 Wayanad or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code IBKL0SBCB09. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Idbi Bank, The Sultan S Battery Co-Operative Urban Bank Ltd. Mananthavady, Wayanad
Here are the key points that are associated with the IFSC Code IBKL0SBCB09 of Idbi Bank for its branch located in Wayanad, within the district of Mananthavady in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0SBCB09 |
| Branch | The Sultan S Battery Co-Operative Urban Bank Ltd. Mananthavady |
| City | Wayanad |
| District | Mananthavady |
| State | Kerala |
| Address | Parakkal Building,Valliyoorkavu Road,Mananthavady |
These details help users in online banking and for businesses and individuals who use Idbi Bank in Wayanad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0SBCB09 for the The Sultan S Battery Co-Operative Urban Bank Ltd. Mananthavady 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, including Idbi Bank located in The Sultan S Battery Co-Operative Urban Bank Ltd. Mananthavady, Wayanad, Kerala, is provided with a unique IFSC like IBKL0SBCB09 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Idbi Bank branch in Wayanad.
- 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 Wayanad and Mananthavady.
- 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 Kerala and the rest of India and the IFSC Code ensures that transactions meant for Idbi Bank in The Sultan S Battery Co-Operative Urban Bank Ltd. Mananthavady do not get mixed with another location.
Format of the IFSC Code IBKL0SBCB09
The format of the IFSC Code for banks, including Idbi Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Idbi Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like The Sultan S Battery Co-Operative Urban Bank Ltd. Mananthavady in Wayanad.
For example, the IFSC Code IBKL0SBCB09 of Idbi Bank for the The Sultan S Battery Co-Operative Urban Bank Ltd. Mananthavady branch has these elements, identifying the bank and the branch location in Wayanad and Kerala correctly.
How to Find IFSC Code for Idbi Bank?
If you are looking for the IFSC Code IBKL0SBCB09 of Idbi Bank for its The Sultan S Battery Co-Operative Urban Bank Ltd. Mananthavady branch located in Wayanad, 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 Wayanad and Mananthavady, 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 The Sultan S Battery Co-Operative Urban Bank Ltd. Mananthavady or Wayanad to get the exact IFSC Code IBKL0SBCB09.
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 Wayanad, then it will provide you proper information.
How to Use IFSC Code IBKL0SBCB09 for Online Transfers?
Once you have the IFSC Code IBKL0SBCB09 for the The Sultan S Battery Co-Operative Urban Bank Ltd. Mananthavady branch of Idbi Bank in Wayanad, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IBKL0SBCB09. 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 IBKL0SBCB09.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Idbi Bank The Sultan S Battery Co-Operative Urban Bank Ltd. Mananthavady in Wayanad may result in delayed or failed transactions.
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 The Sultan S Battery Co-Operative Urban Bank Ltd. Mananthavady, 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 Wayanad manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL0SBCB09.
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 Parakkal Building,Valliyoorkavu Road,Mananthavady located in Wayanad, Mananthavady, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.