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 Jijau Commercial Coop Bank, Yawatmal branch in Yavatmal, Yavatmal, 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 Yavatmal or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code IBKL0JCB008. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Idbi Bank, Jijau Commercial Coop Bank, Yawatmal, Yavatmal
Below in the table are the key details related to IFSC Code IBKL0JCB008 of Idbi Bank for its branch located in Yavatmal, within the district of Yavatmal in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0JCB008 |
| Branch | Jijau Commercial Coop Bank, Yawatmal |
| City | Yavatmal |
| District | Yavatmal |
| State | Maharashtra |
| Address | Near Hotel Mai,Shivaji Nagar,Arni Road |
These details are essential not only for online banking users but also for businesses and individuals who use Idbi Bank in Yavatmal for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0JCB008 for the Jijau Commercial Coop Bank, Yawatmal 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 Jijau Commercial Coop Bank, Yawatmal, Yavatmal, Maharashtra, is provided a unique IFSC like IBKL0JCB008 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Idbi Bank branch in Yavatmal.
- 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 Yavatmal and Yavatmal.
- 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Idbi Bank in Jijau Commercial Coop Bank, Yawatmal do not get misguided to another person.
Format of the IFSC Code IBKL0JCB008
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 Jijau Commercial Coop Bank, Yawatmal in Yavatmal.
For example, the IFSC Code IBKL0JCB008 of Idbi Bank for the Jijau Commercial Coop Bank, Yawatmal branch has these elements, identifying the bank and the branch location in Yavatmal and Maharashtra correctly.
How to Find IFSC Code for Idbi Bank?
If you are trying to find the IFSC Code IBKL0JCB008 of Idbi Bank for its Jijau Commercial Coop Bank, Yawatmal branch located in Yavatmal, the following methods can help:
Cheque Book
The cheque books that are issued by Idbi Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Idbi Bank branches in Yavatmal and Yavatmal, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Idbi Bank and find the branch locator section. Search for Jijau Commercial Coop Bank, Yawatmal or Yavatmal to get the exact IFSC Code IBKL0JCB008.
Mobile Banking App
If you use Idbi Bank's mobile app, you can easily 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 to help you in searching for Idbi Bank and Yavatmal that will provide accurate information.
How to Use IFSC Code IBKL0JCB008 for Online Transfers?
Once you have the IFSC Code IBKL0JCB008 for the Jijau Commercial Coop Bank, Yawatmal branch of Idbi Bank in Yavatmal, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IBKL0JCB008. 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 IBKL0JCB008.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Idbi Bank Jijau Commercial Coop Bank, Yawatmal in Yavatmal, 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 Jijau Commercial Coop Bank, Yawatmal, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Yavatmal manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL0JCB008.
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 Near Hotel Mai,Shivaji Nagar,Arni Road located in Yavatmal, Yavatmal, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.