IDBI, RAC GOA, NORTH GOA Branch IFSC Code

The IFSC code IBKL0008037 is assigned to IDBI, RAC GOA located in NORTH GOA, GOA. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

✓ NEFT ✓ RTGS ✓ IMPS ✓ UPI

Bank Details

Bank Name IDBI
IFSC Code IBKL0008037
Branch Code 008037
Branch RAC GOA
City NORTH GOA
District PANAJI
State GOA
Address IDBI BANK 6TH FLOOR EDC HOUSE DR ATMARAM BORKAR ROAD TALUKA TISWADI Maps
Contact +918322910043

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

IBKL Bank Code
0 Reserved (0)
008037 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code IBKL0008037 is the Indian Financial System Code assigned to IDBI, RAC GOA branch in NORTH GOA, GOA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in NORTH GOA, PANAJI, GOA. The full address is: IDBI BANK 6TH FLOOR EDC HOUSE DR ATMARAM BORKAR ROAD TALUKA TISWADI

The branch code is 008037. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of IDBI.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: IBKL0008037
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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