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Fincash » IDBI BANK The Bhagat Co-operative Bank Ltd

The Bhagat Co-operative Bank Ltd, IDBI Bank - IFSC Code

Updated on November 29, 2024

IFSC Code - IBKL0773BCB

IFSC is used for RTGS/NEFT/UPI/Mutual Fund transactions

Below is the details of IFSC code IBKL0773BCB

IFSC CodeIBKL0773BCB
MICR CodeNA
BankIDBI Bank
BranchTHE BHAGAT CO-OPERATIVE BANK LTD
Branch Code773BCB
DistrictSolan
StateHimachal Pradesh
AddressTHE BHAGAT CO-OPERATIVE BANK LTD. HO BHAGAT BANK PARISAR SOLAN - 173212
ServicesSavings/Current Accounts, Loans, Mutual Funds, FOREX, Lockers and Fixed Deposits

IDBI Bank The Bhagat Co-operative Bank Ltd Location Map

Nearby IDBI Bank branches

PITHORAGARH ZILA SAHKARI BANK - IBKL0768P16PITHORAGARH ZILA SAHKARI BANK - IBKL0768P17PITHORAGARH ZILA SAHKARI BANK - IBKL0768P18PITHORAGARH ZILA SAHKARI BANK - IBKL0768P19PITHORAGARH ZILA SAHKARI BANK - IBKL0768P20PITHORAGARH ZILA SAHKARI BANK - IBKL0768P21PITHORAGARH ZILA SAHKARI BANK - IBKL0768P22PITHORAGARH ZILA SAHKARI BANK - IBKL0768P23PITHORAGARH JILA SAHKARI BANK - IBKL0768PJSSANDUR PATTANA SOUHARDA SAHAKARI BANK - IBKL0776SPS

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Uses of IFSC Code

NEFT - National Electronic Funds Transfer

NEFT - National Electronic Funds Transfer is a nation-wide payment system. Under this Scheme, individuals can electronically transfer funds from THE BHAGAT CO-OPERATIVE BANK LTD, IDBI Bank to any individual having an account with any other bank branch in the country participating in the Scheme. NEFT transactions are settled in batches.

RTGS - Real Time Gross Settlement

The acronym 'RTGS' stands for Real Time Gross Settlement, which can be defined as the continuous (real-time) settlement of funds individually on an order by order basis (without netting). 'Real Time' means the processing of instructions at the time they are received rather than at some later time.'Gross Settlement' means the settlement of funds transfer instructions occurs individually (on an instruction by instruction basis). Considering that the funds settlement takes place in the books of the Reserve Bank of India, the payments are final and irrevocable.

IMPS - Immediate Payment Service

Immediate Payment Service (IMPS) is an instant payment inter-bank electronic funds transfer system in India. IMPS offers an inter-bank electronic fund transfer service through mobile phones. Unlike NEFT and RTGS, the service is available 24/7 throughout the year including bank holidays.

UPI - Unified Payment Interface

Unified Payments Interface (UPI) is a system that powers multiple bank accounts into a single mobile application (of any participating bank), merging several banking features, seamless fund routing & merchant payments into one hood. It also caters to the “Peer to Peer” collect request which can be scheduled and paid as per requirement and convenience. Each Bank provides its own UPI App for Android, Windows and iOS mobile platform(s).

Online Banking

IFSC codes are generally being used in Online Internet Banking transaction to pay for Best Mutual Funds, Telephone Bills, credit card and various other billers.

IFSC IBKL0773BCB

How to find IFSC Code?

  • IFSC code can be found on cheque leaf and bank passbook of the IDBI Bank.
  • Banks and respective branch list of IFSC codes can be obtained from Reserve Bank of India’s website.
  • The IFSC code of a particular bank can also be found on the IDBI Bank official website.

Format of IFSC Code

The 11 alphanumeric code of IFSC is structured in a pattern where the first four characters representing the name of the bank, while the last six characters represent the branch of the bank. The fifth character is generally 0 (zero) reserved for future utilisation. The format of IFSC is as below.

1234567891011
Bank Code0Branch Code

How to find MICR Code

  • MICR code can be found on a cheque leaf and IDBI Bank passbook.
  • You can also find MICR code on the specific IDBI Bank website.

MICR cheque image IBKL0773BCB

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Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.