IDBI, PANIPAT RAC, PANIPAT Branch IFSC Code

The IFSC code IBKL0008041 is assigned to IDBI, PANIPAT RAC located in PANIPAT, HARYANA. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

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Bank Details

Bank Name IDBI
IFSC Code IBKL0008041
Branch Code 008041
Branch PANIPAT RAC
City PANIPAT
District PANIPAT
State HARYANA
Address APANIPAT,GOPALFURNISHINGPVTLTD,OPPHOTELMIDTOWNGTOADNEARSANJAYCHOWKPANIPATPINCODE132103 Maps
Contact +919319230667

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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)
008041 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 IBKL0008041 is the Indian Financial System Code assigned to IDBI, PANIPAT RAC branch in PANIPAT, HARYANA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in PANIPAT, PANIPAT, HARYANA. The full address is: APANIPAT,GOPALFURNISHINGPVTLTD,OPPHOTELMIDTOWNGTOADNEARSANJAYCHOWKPANIPATPINCODE132103

The branch code is 008041. 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: IBKL0008041
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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