IDBI BANK IFSC CODE BHIWANDI THANE

Bank Name	IDBI BANK
State	MAHARASHTRA
District	THANE
Branch	BHIWANDI
IFSC	IBKL0000586 used in NEFT and RTGS fund tramsfer
MICR	400259056
Address	ASHOK HOTEL BLDG, GRD FLR, KALYAN-BHIWANDI ROAD, BHIWANDI, DIST.- THANE. PIN-421302, MAHARASHTRA
Contact	246843

IDBI BANK IFSC, MICR, Address in MAHARASHTRA, THANE District, BHIWANDI Branch

The Indian Financial System Code (IFSC) is an 11-digit alphanumeric code that uniquely identifies a bank branch participating in the National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) systems. It is assigned by the Reserve Bank of India (RBI) to every bank branch that handles these transactions.

What is the IFSC Code of IDBI BANK BHIWANDI Branch?

The IFSC code of IDBI BANK BHIWANDI Branch is IBKL0000586. Here is the breakdown of the code:

The first four characters (IBKL) represent the bank code for IDBI BANK.
The fifth character is always zero (0), reserved for future use.
The last six characters (000586) identify the specific branch of the bank

How to Find the IFSC Code of IDBI BANK BHIWANDI Branch?

There are several ways to find the IFSC code of IDBI BANK BHIWANDI Branch:

Visit the official website of IDBI BANK and search for the IFSC code using the branch locator tool.
Check your IDBI BANK passbook or account statement, where the IFSC code of the branch is usually printed.
Contact the customer care of IDBI BANK and ask for the IFSC code of the BHIWANDI branch.

Why is the IFSC Code of IDBI BANK BHIWANDI Branch Important?

The IFSC code of IDBI BANK BHIWANDI Branch is crucial for making electronic fund transfers, including NEFT, RTGS, and IMPS. The code ensures that the funds are transferred to the correct branch of the bank and the right account holder. Without the IFSC code, the transaction may be delayed or even fail.

Frequently Asked Questions

Here are some frequently asked questions about the IDBI BANK BHIWANDI branch IFSC code:

What is an IFSC code?

An IFSC code (Indian Financial System Code) is a unique 11-digit alphanumeric code that identifies a particular bank branch participating in the NEFT (National Electronic Funds Transfer) system in India.

How many characters are there in the IDBI BANK BHIWANDI branch IFSC code?

The IDBI BANK BHIWANDI branch IFSC code consists of 11 characters

What is the format of the IDBI BANK BHIWANDI branch IFSC code?

The format of the IDBI BANK BHIWANDI branch IFSC code is as follows: IBKLXXXXXXX, where the first four characters represent the bank code, the fifth character is a zero, and the last six characters identify the branch

Why is the IDBI BANK BHIWANDI branch IFSC code important?

The IDBI BANK BHIWANDI branch IFSC code is important because it is used to transfer funds between banks through the NEFT system. Without the correct IFSC code, your transaction may fail, and your funds may not reach the intended recipient

How can I find the IDBI BANK BHIWANDI branch IFSC code?

You can find the IDBI BANK BHIWANDI branch IFSC code on the official IDBI BANK website, on your bank account passbook, cheque book, or account statement

Can I transfer funds using the IDBI BANK BHIWANDI branch IFSC code?

Yes, you can transfer funds using the IDBI BANK BHIWANDI branch IFSC code through the NEFT system. You need to log in to your online banking account, select the NEFT transfer option, enter the beneficiary's details, including their bank account number and IFSC code, and authorize the transaction.

Is it safe to use the IDBI BANK BHIWANDI branch IFSC code for online transactions?

Yes, it is safe to use the IDBI BANK BHIWANDI branch IFSC code for online transactions. The NEFT system is a secure and reliable way to transfer funds between banks.