IDBI Bank Retail Asset Centre Surat IFSC Code, Surat, Gujarat

IDBI IFSC code: All you need to know

IDBI IFSC code is a unique 11-character alphanumeric code that helps in identifying specific branches of the bank. IFSC Code of IDBI is used by IDBI account holders to send/transfer money online through NEFT/RTGS/IMPS facilities. IDBI customers are also required to provide IFSC code of their IDBI branch. IDBI account holders can search IDBI IFSC code of their branch on this IFSC code search page of financialexpress.com. Here,

IDBI IFSC code: All you need to know

IDBI IFSC code is a unique 11-character alphanumeric code that helps in identifying specific branches of the bank. IFSC Code of IDBI is used by IDBI account holders to send/transfer money online through NEFT/RTGS/IMPS facilities. IDBI customers are also required to provide IFSC code of their IDBI branch. IDBI account holders can search IDBI IFSC code of their branch on this IFSC code search page of financialexpress.com. Here, you can search IDBI IFSC code by providing inputs like your state, city and branch on top of this page under “IDBI IFSC Code”. On this page, you can also find IFSC code of some of the top search branches of IDBI. You can also find IDBI branch details and address with the help your IFSC code by using the ‘Search IFSC Code by Bank’ feature on this page.

The full form of IFSC is Indian Financial System Code. The Reserve IDBI has assigned this unique code for each branch of IDBI. The IFSC code enables the electronic transfer of funds. Now IDBI customers can transfer funds online 24×7 throughout the year, as per RBI guidelines.  

IDBI IFSC Code for Online Transaction

IDBI IFSC code helps on making an online transaction. With the help of IFSC Code, you can send money to any account of the IDBI and also receive money from any account of IDBI. IDBI IFSC code is also required to send/transfer money through NEFT facility from a IDBI branch. There are certain limits on the amount that you can transact through IDBI account online. Hence, you must check the maximum and minimum limit on the amount for which you can make a transaction online. This information is available on the official website of the IDBI. 

IDBI IFSC code is a must for online transactions. Suppose you have borrowed Rs 10,000 from a friend and want to return it using your net banking facility. To send the money, you need to first add your friend’s details like account number, bank and branch name and address and IFSC code of your friend’s bank branch. You can send money through net banking 24×7 to your friend, even if he/she doesn’t have an account in IDBI. You will have to add your friend as a beneficiary with his bank account details on your bank’s net banking portal. 

IDBI IFSC Code format

The first four characters of IDBI IFSC code denotes the bank names while the fifth character is zero. The remaining six characters of the IFSC code of IDBI are unique and assigned for each branch of the IDBI. Thus there are three components of IDBI IFSC code. 

1. Bank name denoted by first four characters of the IDBI IFSC code

2. Zero as the fifth character. Zero is used as the fifth character of the IDBI IFSC code is reserved for future use by the Reserve IDBI. 

3. The last six characters show the unique IDBI branch code. No two branches of IDBI can have same IFSC codes. 

How to find IDBI IFSC code

You can find the IFSC code of your IDBI branch on the cheque book issued by the IDBI. You can also find IFSC code of any branch of IDBI Bank  on Financial Express IFSC code page.